111
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226 Tahitian Way
About This Property
Floor plan:
First Floor
The first floor mainly consists of the large open-concept main living area including the living room, kitchen, and dining area. In addition, there's a walk-in laundry room, and also a bedroom suite with a handicap-friendly full bath. This bath also serves as the guest bathroom for the main living area.
Second floor
The second floor consists of the master bedroom suite along with two additional guest bedrooms. The guest bedrooms share a bathroom with a tub/shower combo. The master suite also includes an ensuite bathroom as well as access to the wraparound balcony.
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Cap Rate Calculator
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