16199 Sandy Shore Drive
About This Property
This beautiful home is located on a premium lake lot offering over 1700 living sq ft, 9' 5'' ceilings and split, open floorplan .This home has over $50k in premium upgrades including : Extended ceiling glass kitchen cabinets , Gas stove, Quartz counters & Backsplash, Shower door , Tile flooring & Designer carpet in the bedrooms. Within your gated enclave, you can work out in SKY COVE'S Exclusive fitness center, Join a pick up game of half-court basketball or meet-up with neighbors at the park. And, Westlake Adventure Park with its lagoon pool, splash pad, tower slide, pump park, playgrounds, picnic areas and Snack Shack is just a short walk away!
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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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About The Acreage
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,800 /mo
- 4 Beds
- 2 Baths
- 2,794 ft²
$4,250 /mo
- 5 Beds
- 6 Baths
- 3,515 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017