19711 SE Gallberry Drive
About This Property
Upgraded white oak, wood flooring
Upgraded tile in all baths, quartz countertops, seamless glass shower, marble tile in master shower and extra large freestanding soaking tub
Custom mill work throughout the home
The kitchen features a
Quartz waterfall kitchen island
Upgraded GE monogram appliances
Pot filler, pull out drawers and furniture baseboards to cabinetry, custo upper cabinets. Custom 300 gallon saltwater fish tank
custom closets, pantry, office, mudroom
All impact glass windows feature custom roller screens, plantation shutters and drapes. Designer, Serena and Lily lighting throughout the home. Complete Three car garage with electrical charging for vehicle, storage system and ceiling storage for all holiday decor or extra circular activities. White sandblasted marble pool deck features a lattice turf design Large custom built pool with champion pools, extended sunshelf and baby gate Fire pit lounge seating surrounded by coconut palms Playground
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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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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017