276 GALA CIRCLE
About This Property
The home is wired for a security system and includes a surround sound systemcomponents stayenhancing both safety and entertainment options. A unique feature is the pre-wiring for Christmas lights, easily controlled by a simple wall switch.
Enjoy the outdoors in the tiled, screened porch equipped with a cable hookup, making it a perfect spot for relaxation or watching the big game. The beautifully landscaped yard and replaced gutters (2021) contribute to the home's impressive curb appeal. Additional updates include a new roof in 2021, a gas hot water heater installed in 2024, and a new Renewal by Andersen window at the front of the home. The property also comes with a transferable termite bond for added peace of mind.
Living in LPGA International means access to a vibrant community with various membership levels that can include golf, tennis, and social activities. The clubhouse offers excellent dining options and hosts numerous social events, fostering a strong sense of community. Neighborhood amenities and natural gas availability add to the convenience and appeal of this location.
Don't miss out on this opportunity to own a well-maintained home in a prime location.
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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