27 Sandra Road
About This Property
The first floor includes a large open plan kitchen, dining, living area with high vaulted ceilings; three bedrooms are accessed through a corridor which can be closed for privacy. The basement covers nearly the entire footprint of the whole house, half of which is entirely finished, heated & air conditioned, offering a large area for guests which also includes a den & office space and direct pool access.
Outside, the landscaping is extensive and established, offering an oasis as you lie by the pool, or entertain on the terrace and enjoy your Hamptons summer. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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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