2908 Canal Drive Drive
About This Property
This fully custom elegant modern home boasts life and entertainment. The open floor plan leads you right to the heart of the home where a large quartz island acts as an alluring centerpiece to the breathtaking gourmet kitchen, complete with new Samsung appliances, and maple cabinetry.
Beachwood LVP flooring has been installed throughout the home including the enclosed Florida room. Each and every room in this home is accented with just the right touches of white, black and gold transitioning the rooms throughout seamlessly.
Bonus outdoor features include additional covered boat parking, enclosed covered storage for all your pool and boat accessories. This home is AS-IS, all information and measurements should be verified by the buyer.
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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