19471 Leonard ROAD
About This Property
The main floor offers a secondary primary suite with a spacious ensuite bathroom, a convenient pool bathroom, and a dedicated office space adjacent to a butler's pantry. The main floor also features a laundry room for added convenience. Outside, enjoy the very large screen-enclosed pool with a propane fire pit, perfect for entertaining. This home is equipped with a whole-home generator and hurricane shutters, ensuring peace of mind during hurricane season. Don't miss the chance to own this incredible property!
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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