29 Stella Lee Drive
About This Property
away from the beautiful beaches and the amenities of 30A. The 'Lismore' plan features a large great room, Hardie siding, 8' ceilings, EVP flooring, Ivory shaker style cabinetry in the kitchen and bathrooms and granite countertops. This energy efficient home offers 'Home is Connected' Smart Home package, DEAKO switches, 1-year builder warranty and 10-year structural warranty.
*currently not accepting investment offers*
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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