221 FIDDLERS POINT Drive
About This Property
Kitchen offers walk in pantry and center island. Ample built in shelves and cabinets flank the gas fireplace. Gorgeous paneled walls ensconce the office (also with closet) for a warm, rich feel. Rounding out the rest of the first floor is a guest/pool bath and Owners suite with two large walk in closets and elevated sitting area large enough to be used as yet another office (9x9 not included in room dimensions) complete with fabulous views. Two bedrooms, 2 baths + a den upstairs, Enjoy sunsets that rival any water front home. This original owner left. no detail unfinished. Crown molding, high ceilings, granite, large soaking tub, generous closet space, roof in 2020, first floor speaker system and more round some of the finer features. This original owner left no detail unfinished. We are impressed and are sure you will be too!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017