1765 LOOP Parkway
About This Property
5BR, 4BR, theater room, office, Cava room, Loft upstairs, and 3 cars garage. A gourmet kitchen with Granite counter tops, custom cabinetry, lots of island sitting space, and breakfast nook. Dining room looking to the living room with double high ceiling, a fireplace with stones up to the ceiling, and disappearing sliding doors to the pool area.
Master bedroom located in the 1st floor with 2 spacious walk-in closets, wood floors, dual entry into the shower, bathtub, and French door to lanai.
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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