241 CHARLEMAGNE Circle
About This Property
The modern open floor plan includes a high-ceiling, living room, dining room & kitchen combination - perfect for entertaining. To unwind, curl up by the fireplace with a glass of wine from the built-in wine hutch, or watch your wall-mounted flat-screen TV while you cook in a kitchen featuring double oven, new Bosch glass cook-top (effortless cleaning!), cabinet-faced refrigerator, new stainless steel Bosch dishwasher and microwave, and a new ultra-quiet garbage disposal.
On breezy evenings, walk through the French doors off the kitchen and into a stone-paved backyard whose wisteria-covered pergola, blooming rose bushes bushes
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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