205 ISLAMARADA Court
About This Property
Step inside and you'll see everything this beautiful home has to offer. UPDATES GALORE!! New LVP flooring and trim throughout. Extra high ceilings! All new kitchen with real wood cabinets and custom granite counters/new appliances. Large owner's suite features multiple walk-in closets and fully remodeled bathroom. Just minutes from shopping/restaurants downtown, public boat ramp, and grocery store
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017