167 Promenade Way
About This Property
Covered front porch faces south with beautiful bougainvillea, back screened in patio with french tile floor, cypress stained ceiling and chandelier. The two car attached garage in back has a large attic, epoxy floor paint and 2018 Miami/Dade rated garage door.HOA includes- lawn care, sprinklers, basic cable, community pool and house painting.Perfect for snowbirds,empty nesters or those just beginning their dream
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017