24022 E Minnow Cir
About This Property
The bathrooms are elegantly designed with tile floors, shower/tub combos, and oversized vanities, offering a luxurious and relaxing experience. The bedrooms are thoughtfully designed with carpeted floors, closets, chandeliers, and ornamental molding, creating a serene and comfortable atmosphere. Second room upstairs could be used as an office, work out room, or easily converted to a bedroom.
The kitchen is a chef's dream, featuring stainless steel appliances, hardwood floors, an island with a sink, and a stylish backsplash. The living room and family room provide the perfect space to unwind and entertain guests, with hardwood floors and updated lighting.
Inspiration community is known for its well-maintained common areas and beautiful landscaping, parks, pool and tennis court. The front porch and back covered patio offer a peaceful retreat to enjoy the outdoors. This home is a must see to appreciate the care the owners have taken in maintaining this property.
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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