2085 Augusta Terrace
About This Property
2085 Augusta sits on a corner lot with 12,837 sq feet. Light and Bright with 5 bedrooms 3.1 baths and an awesome loft upstairs that hosts one of the bedrooms and a full bath. The balcony outside the loft upstairs adds a nice touch as it overlooks the pool and lushly landscaped yard. Kitchen is a cooks dream with custom cabinets and granite counter tops. It's huge! Beautiful custom pool in a private tropical setting along with a spa. Roof was replaced in 2007 and there is 3 zone air conditioning. The family room is perfect for entertaining and certainly not lacking space for it. This home is spectacular. You don't want to miss this one.
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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%.
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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.
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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 Eagle Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017