2401 ST LEGER Drive
About This Property
Step inside and you'll be greeted by an open concept living space that flows seamlessly from room to room. The gourmet kitchen boasts stainless steel appliances, granite countertops, and ample storage space.
One of the home's special features is the four seasons room, which offers the perfect space for entertaining year-round.
Outside, you'll find a large backyard with plenty of space for kids to play or pets to roam. And with a convenient location just minutes from shopping, dining, and entertainment, this home truly has it all.
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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