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15724 Lakeway Drive
About This Property
Thoughtfully designed split bedroom plan provides ultimate privacy & features a primary suite on each level. The upstairs primary is a true sanctuary, with a spa-like ensuite bath & walk-in closet dreams are made of!
Gourmet kitchen with Thermador/GE appliances, farmhouse sink, pot filler, & more!
24kw generator, 500 gallon propane tank, tankless water heater. All this situated on a sprawling ~1-acre lot. Minutes from world-class shopping, dining & medical facilites.
Amenities: clubhouse, pool, boat launch, lakefront green spaces, & more. See Features Sheet
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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