24 MEDALIST CIRCLE
About This Property
As you enter, you'll notice the spacious open floor plan with 10-foot ceilings that create an airy feel, complemented by stylish tray ceilings in the living room, master bedroom, and dining area. The kitchen is perfect for cooking and entertaining, offering plenty of cabinets and a large 9-foot island for additional counter space. Enjoy sleek quartz waterfall countertops and low-maintenance ceramic flooring throughout the home.
The master bath is a true oasis, featuring double sinks, a stand-alone bathtub, and a glass-enclosed shower. The pool area is fully screened for comfort, and plumbing and electrical connections are already in place for a future outdoor kitchen!
This home also boasts 8-foot doors and durable impact doors and windows for added peace of mind and located in a flood-free zone, making it a fantastic place to live and enjoy!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017