19300 PARK PLACE BOULEVARD
About This Property
Step outside to your own private retreat: a sparkling saltwater pool with sunshelf (2021), paver patio, and screened enclosure. Peace of mind comes with major recent updates, including new windows (2022), new roof (2023), new water heater (2021), and fresh interior and exterior paint. Situated on a large lot in the highly desirable Park Place community, you'll also enjoy access to a private boat ramp and dock on beautiful Lake Joanna. Close to shopping, dining, and everyday essentials, this move-in ready home truly has it all.
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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