16016 Palmettorun CIRCLE
About This Property
You'll appreciate details such as ceiling fans, custom & recessed lighting, crown molding & lovely tile laid on the diagonal throughout the majority of the first floor & wet areas.
The kitchen features a full appliance suite, including gas range, 42" cabinetry with crown molding, tile backsplash & solid surface counter tops. The breakfast bar overlooks the cozy family room with French door access to the covered & screened lanai and fenced backyard! The downstairs Master Retreat features a master bath complete with a sizable walk in closet, dual basin vanity with ample cabinetry, garden tub & separate walk in shower.
Upstairs you will find a second master with en suite bath & the additional bedrooms. The versatile bonus room will make the perfect play/game/craft area.
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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