22396 Waterside Drive
About This Property
4 bedroom 2.5 baths featuring a new kitchen with stainless appliances, granite counters, and wood cabinetry. Travertine floors throughout living areas, and no carpet.
This classic floor plan features two full baths each with separate tubs and showers. The third half bath has a modern twist, perfect for guests. Tons of windows, many looking onto the patio and pool. Huge Master Suite, with cabana bath measuring 450+ sq.ft.! Other bedroom are extra large at 12x14!
Pool area with covered patio look onto a HUGE yard, plenty of room for a playground, personal tennis court, private dogs park, and much more. Adjacent to Loggers Run Parks, Shopping & more!
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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 Winding Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017