51
Map
26 TRANQUILITY Lane
About This Property
What an amazing primary, 2nd home or vacation rental investment opportunity! Amenities include: neighborhood pools ,hot tub, fitness center, club house with I Max theater, tennis, basketball courts, BBQ area with outdoor kitchen, walking trails, & playground for the kids! The neighborhood is golf cart friendly so drive yours to the beach or out to dinner. Located on pedestrian friendly Scenic 98, you can walk down to the beach to catch a sunset or take a relaxing bike ride.
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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