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21687 Fall River Drive
About This Property
HUGE MASTER SUITE HAS HIGH CEILINGS TWO WALKIN CLOSETS AND THE RECENTLY RENOVATED MASTER BATH HAS TWO FULLY FUNCTIONING SEPARATE VANITY ROOMS
THREE ADDITIONAL BEDROOMS ALL RECENTLY PAINTED AND WITH NEW FLOORING.
TWO ADDITIONAL FULL BATHS AND A POWDER ROOM
THE KITCHEN HAS WOOD CABINETS AND CORIAN COUNTERS
LIVING AND DINING ROOMS HAVE DOUBLE TRAYED CEILING WITH CROWN MOLDINGS ALL MAKE THIS HOME SPECIAL
ENJOY YOUR OVERSIZED BACK YARD WITH VIEWS OF THE INGROUND POOL AND UNOBSTRUTED VIEWS OF LAKE
AWARD WINNING NUMBER ONE RATED WATERS EDGE ELEMENTARY SCHOOL IS LOCATED WITHIN THIS AMAZING COMMUNITTY AND IS A SHORT WALK OR SHORT BICYCLE RIDE
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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