16125 Starling Crossing DRIVE
About This Property
The unique entry on the side allows for a bright foyer as you enter the home onto tile flooring that extends through the entire first floor.
The large family room is a great gathering space next to the kitchen and adjoining dining room. The kitchen features 42" wood cabinets, granite countertops, a large center preparation island/breakfast bar, a walk-in pantry, upgraded stainless-steel appliances, and plenty of recessed lighting.
The breakfast nook connects to the covered lanai through sliding glass doors and overlooks the backyard. A unique utility closet in the backyard is great for extra storage.
Upstairs are four bedrooms and two bathrooms. The master suite features a large bedroom and bathroom with dual-basin vanity, granite counters, walk-in shower, and garden tub.
** Tenant occupied. Sale subject to lease ending June 2021. **
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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