170 Par Drive
About This Property
Step inside to find an open dining and living area that effortlessly combines with an inviting eat-in kitchen, perfect for both relaxed meals and entertaining guests. The volume ceilings lend an airy feel, complementing the tile flooring that spans throughout the villa, even extending to the garage for easy upkeep.
Pet friendly all age community, clubhouse, heated community pool. Great location, close to shopping, public golf course, parks and 2 dedicated dog parks with in a short drive. HOA covers roof, exterior painting being starting January 2024. Highly-rated school district.
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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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About Lantern Walk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017