20870 Soneto Drive
About This Property
Prime location, centrally located with a great A-rated school district. Walking distance to shopping, the renowned mall, fine dining, etc. are less than a mile away. Walking distance to the house of worship. Easy access to I-95 & the Turnpike.
This is a rare opportunity, offering residents the feeling of living in a private tropical retreat, walking & biking trails, tennis courts, well-known for its picturesque setting with towering live oaks, palm trees, and mature tropical landscaping. Low HOA fees.
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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 Los Paseos of Via Verde
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017