43
Map
1533 Cimarron Ridge Drive
About This Property
The inviting interior features soaring ceilings, abundant natural light, elegant plantation shutters, and tile flooring throughout. Multiple living spaces include a formal living room, formal dining area, and a warm, welcoming family room with a fireplace.
At the heart of the home, the kitchen showcases granite and quartz countertops, a generous pantry, ample countertop space, a a breakfast bar, and a casual dining nook.
The private primary suite is tucked away from the secondary bedrooms and serves as a peaceful retreat with dual walk-in closets, double vanities, a soaking tub, and walk-in shower.
Step outside to your own backyard oasis! A refreshing pool and spa with views. Whether hosting guests or enjoying a quiet evening, this exceptional property has a lot to offer
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017