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1679 Palm Ridge Road
About This Property
One of the standout features of this home is the expansive fenced backyard with a large shading Ficus Tree, creating a private oasis for entertaining guests, enjoying family gatherings, or simply unwinding in your private backyard. The newer roof ensures peace of mind, while the upgraded AC and Water Heater contribute to the home's overall efficiency. '||chr(10)||''||chr(10)||'With a perfect blend of functionality and charm, this residence is not just a house; it's a place where memories are made. Don't miss this opportunity to call this beautiful property your home.
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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