24622 Tribeca Lane
About This Property
This elegant 4-bedroom, 2.5-bathroom home offers first-floor living with all bedrooms upstairs for added privacy. The main floor features luxury vinyl plank flooring and an elegantly finished living room, perfect for entertaining. A customized bar adds a touch of sophistication, while the sleek, modern kitchen boasts high-end appliances, quartz countertops, and a spacious island.
Upstairs, the primary suite includes a spa-like bathroom with a soaking tub, walk-in shower, and dual vanities. Three additional bedrooms provide ample space and comfort, sharing a well-appointed full bath.
The outdoor space is an entertainer's dream, featuring a covered patio with an outdoor kitchen and a spacious backyard perfect for relaxation and gatherings. Blending style and functionality, this home offers the best in modern living.
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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