2636 ALEXIA Circle
About This Property
Gorgeous 3 year old salt water pool with chiller, beautiful yard with lush landscaping and screened porch makes it a true outdoor paradise! Inside boast charming upgrades and touches such as extended custom kitchen island, chic laundry room and the living room wooden beams are sure to catch your eye. The primary bathroom includes walk in shower and soaking tub. The home is hard wired for a generator. The multifunctional flex room can easily be used as a retreat room or as an office.
Walkable to local elementary and middle school through private neighborhood gate.
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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