17726 Morehampton Avenue
About This Property
The primary suite offers dual walk-in closets and an ensuite bath with a walk-in shower, while the conveniently located laundry area just outside the suite adds everyday ease. Enjoy relaxing in the sunroom with direct access to the outdoor patio. Two additional bedrooms and a full bath complete this thoughtfully designed floor plan.
Residents of Bailey's Glen enjoy access to an outdoor pool, pickleball and tennis courts, bocce ball, a game room, fitness center, library, putting green, and more. The community also offers a full calendar of daily clubs, social events, and activities - see the attached activity calendar for details. As an added bonus, lawn maintenance is included in the HOA dues.
Conveniently located near shopping, dining, and medical facilities, this home offers the perfect blend of comfort, convenience, and active community living.
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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