164 MAHI Drive
About This Property
The master bedroom is the ideal retreat for rest and relaxation in this Cassia model. The alluring master bathroom features a perfectly placed large free standing tub, dual vanities, a shower stall, a private water closet and two large walk-in closets. The distinguished foyer opens to the study and great room with access to the well-appointed kitchen having a center island for prep work and is adjacent to the dining room and great room. Other features include additional bedrooms, bathrooms, study and a generously sized laundry room. Enjoy luxurious stacked kitchen cabinets, quartz countertops and beautiful wood flooring in this beautiful home nestled on a private preserve home site!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017