1855 SHERATON LAKES Circle
About This Property
DINE IN KITCHEN OPEN TO LIVING ROOM. KITCHEN WILL INCLUDE RAISED BREAKFAST BAR, REFRIGERATOR, DISHWASHER-KENMORE 2012, DOUBLE OVEN-MAYTAG 2006! (ALL ELECTRIC) AC UNIT REPLACED 03/08, NEW ROOF WITH 20 YR WARRANTY 04/07/14. VIEW OF LAKE FROM BACKYARD AND ACCESS TO PLAYGROUND. SELLER WILL LEAVE STORAGE SHED
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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%.
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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