1691 E Classical Boulevard
About This Property
It feels spacious, especially because of the indoor bridge on the upper floor. The master bathroom is wonderful, with a shower stall, hot tub, and two vanities. My personal trainer said the fitness center at the clubhouse was the best he had ever seen outside of a professional gym, and actually had more and better types of machines than some pro gyms.
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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%.
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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 Winterplace
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$6,000 /mo
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$10,000 /mo
- 3 Beds
- 3 Baths
- 3,293 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017