2621 LAVENDER Loop
About This Property
Enjoy a bright and open kitchen featuring 42'' white cabinetry, quartz countertops, Frigidaire® stainless steel appliances & ceramic wood-look tile flooring that extends through the main living areas. Additional highlights include quartz-topped bathroom vanities, window blinds throughout, a screened lanai, fully-fenced rear overlooking water, sprinkler system, & energy-efficient water heater.
The split bedroom layout offers privacy for guests or family, while the primary suite includes a spacious ensuite bath & walk-in closet. Don't miss the opportunity to scoop this beauty up, today!
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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