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16732 Strasbourg Lane
About This Property
The home features an incredible media room, perfect for movie nights or game days. Located in the prestigious Seven Bridges community, this property epitomizes luxury living. Residents enjoy access to a 30,000 square foot clubhouse, which includes a full-service restaurant, a state-of-the-art fitness center, fitness studio, indoor sports court, card rooms, game room, multipurpose room, saunas, and a chic lounge. Outdoor amenities are equally impressive, featuring a resort-style pool, spa, poolside bistro, basketball court, 12 Har-Tru tennis courts, aqua lot, and a shaded playground. Seven Bridges offers a vibrant community lifestyle with activities for everyone, ensuring a happy and fulfilling life for all family members.
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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