204 KILLARNEY Avenue
About This Property
Incredible opportunity to live in the sought after community of Beachwalk! Impeccably maintained 4 bedroom, 3 bathroom home is situated on the man made lake & offers a relaxing environment to entertain your friends & family. The 1st level open floor concept includes the kitchen w/stainless steel appliances, spacious island & dining area all overlooking serene water views and a Full bathroom & 1 bedroom (currently used as an exercise room, but could be used as an office or playroom). Owner's suite with en suite, 2 guest bedrooms with Jack & Jill bathroom, laundry room and large linen closet on 2nd floor. Screened lanai & pavered patio overlooks beautiful, lush landscaping with a wrought iron fenced backyard. The garage is to die for with a Martin epoxy floor, flow mounting wall w/brackets, overhead garage door racks, & wall racks. Beachwalk amenities include a lagoon, the beach, tennis courts, gym, trails, playgrounds, dining, and a dog park.
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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