17 Cameo CIRCLE
About This Property
The room count here includes a formal riverfront living room, a large dedicated dining room with big views and riverfront kitchen that opens onto the family room with fireplace and sliding doors that lead to the expansive covered patio that could serve as an outdoor living and dining room. Primary bedroom suite is direct waterfront. Truly clean enough to move into with a little touch up or an ideal candidate for a renovation with an efficient floor-plan under an incredible roof and surrounded by a tremendously solid structure. There are just 7 of these quiet cul-de-sacs tucked in off of busier North Beach Street in this incredibly desirable location. Cameo Circle is the most southerly of these cul-de-sacs and this property is a corner-flank parcel with 100' of waterfront and 200' of depth along the north fence line. Truly a fabulous lot in an idyllic location. Plenty of room for a pool. Sturdy dock is in place.
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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