3001 Lowson Boulevard
About This Property
The property is on the largest .59 acre end lot in the community. It's yard is a paradise w/ mature landscaping, fruit trees & backs to a canal. Relax on the screen/open patio & enjoy the garden views, hot tub, BBQ while you entertain your guests. Room for a resort style pool, store a boat, RV, or expand the home. There is enough space to do it all.
The home has a relaxed vibe, bright living & dining room, a great kitchen w/ lots of counter space, abundance of storage & breakfast bar that opens to the family room. Master suite w/spa bath. Large circular driveway. Close to area beaches, golf courses, restaurants & Atlantic Ave.
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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.
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About Sherwood Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017