2908 Wells Fargo Cir
About This Property
the builder just walked away, it's turn key & move in ready (mostly furnished). Perfect for locals or 2nd home! 3 BDRM +
Bonus Loft, 2 BA - 2002 sqft. Massive decks to enjoy sunsets and BBQ's. Hardwood floors, custom tiled Entry, Vaulted ceilings,
chefs kitchen with oversized island, high end appliances, granite counters, cozy wood stove with stunning stone accents, covered
trex decks and stone landscaping.
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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