31
Map
1578 RIVERGATE Drive
About This Property
SEE MORE Private owners suite has ceiling fan, crown molding, his & her walk in closet, NEW bath features large shower with seamless glass, seat, & spa shower bar with multiple heads, custom his & her marble vanity, medicine cabinets, & screened lanai. Exterior features include brick exterior, new roof in 2016, 2 car garage with new automatic opener, new garage door, storage shelves, & cabinets, front porch with columns & glass door at entry, open paver patio, fire pit, storage shed, & large fenced rear yard. Outstanding Mandarin location makes this a great place to call home.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017