26964 E Quarto Pl
About This Property
Upstairs, the spacious primary suite is a true retreat with a five-piece ensuite bath, separate water closet, and walk-in closet. Two additional bedrooms provide flexibility, while the upstairs laundry room with sink adds everyday convenience. The home sits on a desirable corner lot with a covered deck and an unfinished basement ready for future customization. This home also has a water filtration system and new furnace.
Southshore residents enjoy access to 2 clubhouses and 2 pools, along with miles of walking trails, parks, and a lake. Walk or bike directly to the Aurora Reservoir, and enjoy close proximity to Southlands, shopping, dining, and everyday conveniences. This home combines comfort, functionality, and an unbeatable community setting.
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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