51
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1720 Hidden Lake Drive
About This Property
Tastefully updated kitchen with white shaker cabinets, quartz counter-tops and stainless steel appliances that overlooks the pool and is open into the family room. The family room features a gorgeous wood burning fireplace and sliders to the pool area. There is a spacious living room with lots of natural light. Generously sized master suite with a walk-in closet and beautifully updated bathroom, double sinks, oversized shower and solar tubes for natural light . Updated guest bathroom and a 1/2 bath off the garage in the indoor laundry room. The covered patio is perfect for entertaining and is open into the screened pool area.
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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