2912 Shalimar Lane
About This Property
Move in ready! New kitchen with loads of cabinets, pantry, granite counters with an island, new stainless appliances and new lighting. Open floor plan with all tile floors in kitchen and great room. New engineered wood floors in all 3 bedrooms.
Walk-in closet in master bedroom, large separate shower, whirlpool tub and double vanities. Also new fans, light fixtures throughout and new towel bars in both baths.
New roof and outside paint in the last 5 years. A/C is original, has just been serviced and Seller is offering Buyers a 1 year Home Warranty.
Inside is in the process of being painted. Did I say move-in Ready! All this located on a quiet Cul-de-sac.
Association fees cover private road maintenance, island landscaping and Gate maintenance.
Join the Tennis club and play on 6 Rubico lighted courts or the Golf club and walk to the club house, or just visit with all our wonderful neighbors at Happy Hour on Friday nights!
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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