228 Limestone Circle
About This Property
The great room boasts vaulted ceilings, ceiling fans, and a charming plant ledge, seamlessly flowing into the kitchen and dining area. The kitchen is a chef's delight, equipped with sleek stainless-steel appliances, including a smooth top range and dishwasher. The owner's suite is a true retreat, offering a double vanity, a luxurious walk-in tub, a separate shower, a walk-in closet, and elegant tile floors. All wet and living areas feature durable tile flooring, while the bedrooms and living room are comfortably carpeted.
Step outside to the serene backyard, where you'll be greeted by a picturesque view of nature with trees lining the back of the property. While there's no fence, the property extends well beyond the tree line, providing a sense of space and tranquility.
Don't miss the chance to make this beautiful home yours!
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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