278 MISSION TRACE Drive
About This Property
This is a 4 Bedroom and 2 Bath home with the 4th Bedroom converted to a Den (the closet remains). An Elegant Home, with beautiful landscaping, sitting on a small lake with woods in the back. The Elegance and Attention to Detail begins at the tiled front porch and continues throughout this home and includes Granite and Stainless Kitchen, spacious rooms, Bamboo Flooring, a Den and other upgrades that gives this home a feel of quality, luxury and value for your lifestyle. A Must-See for appreciation of how this home could represent your family.
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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