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2181 Lune Court
About This Property
4 BEDROOMS 3 BATHS PLUS A FLEX ROOM, IDEAL FOR A HOME OFFICE OR GYM. ALL OF THE APPLIANCES ARE INCLUDED EVEN THE WASHER & DRYER. UPGRADED GOURMET KITCHEN WITH LIGHT CABINETS AND STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS. PRIMARY BATHROOM IS ALSO UPDATED. BACKYARD IS ALMOST COMPLETELY PRIVACY FENCED. THE HOME HAS DOUBLE PANE WINDOWS, AND ACCORDION SHUTTERS ON ALL THE WINDOWS AND DOORS. QUAINT FRONT PORCH OVERLOOKING THE COMMUNITY WITH POND ACROSS THE STREET. EASTWOOD II IS A GATED COMMUNITY WITH A COMMUNITY POOL, AND LOW HOA FEES. THIS LOCATION IS WITHIN MINUTES TO MAJOR SHOPPING, AND THE BEACHES.
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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.
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