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1755 Sumter Lane
About This Property
Home features a Resort style pool with matured landscape & screen enclosure, great for entertaining. Corian counter tops,new Black stainless steel appliances, open kitchen that looks into the family room & pool area. Easy access to bathroom from pool area, two bonus rooms, his & her walk in closets in master bedroom & walk in closets in two other bedrooms. Exterior of home freshly painted, A Rated schools, close to shopping, restaurants & beaches! Call today to view, this beautiful home won't last long!
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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