1573 Windward Drive
About This Property
Freshly painted walls and ceilings. Tiled floors in living areas. New vinyl planking in all bedrooms. It is just gorgeous. But wait there is more. New Light fixtures, New Fans, and New Roof 2020. Kitchen is open to Dining Room and living room great space for family to gather. Master bath has step in shower, bathtub in other. Home has a huge yard that is totally fenced to keep your kids and pets safe. Plus there is a covered patio off the living area. Come and see you will love it.
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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