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304 WYNDHAM WAY
About This Property
Granite countertops, stainless steel appliances, recessed LED lighting, generous cabinet space, and a breakfast bar make the kitchen both stylish and practical. The primary suite includes dual closets, including one walk-in closet, a large vanity with granite countertops, a walk-in shower, and direct access to the screened lanai. Near the garage, the laundry room includes cabinetry for added storage and everyday convenience.
Additional features include a brand new water heater, plus a roof and AC installed in 2017. The location also keeps everyday conveniences close by, with shopping, restaurants, and access to I-4 within an easy drive. With updated finishes, multiple living areas, a screened lanai, and a private-feeling fenced backyard, this home offers a layout designed for both quiet moments and time spent together.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017