2770 Andes WAY
About This Property
As you step through the front door, you'll be greeted by an inviting and open floor plan that seamlessly connects the living, dining, and kitchen areas.
The master bedroom is a retreat of its own, offering a tranquil space to unwind. The attached ensuite bathroom provides both a luxurious soaking tub and a separate walk-in shower, creating a spa-like atmosphere. The two additional bedrooms provide flexibility for a home office, guest room, or growing family.
Enjoy the Florida sunshine in the private backyard, ideal for outdoor activities and relaxation. The home is situated in a family-friendly neighborhood, providing a safe and welcoming environment. With proximity to local schools, parks, and shopping centers, convenience meets comfort in this desirable 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017