250 Palmo Way
About This Property
With custom details throughout, spacious light-filled rooms, new chef's island kitchen, south-facing master bedroom with private terrace overlooking the pool area and beautiful tropical gardens designed by Nievera Williams Design the main residence offers gracious and serene living.
The expansive grounds include a large swimming pool, out-door fireplace, herb-garden, and open loggia all of which provide the perfect setting for entertaining, and privacy. Beach & Lake Trail Acces
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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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About Alto Lido
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017