60
Map
316 RENWICK Parkway
About This Property
Inside, the home features beautiful wood-look tile throughout the main living areas and an open, inviting layout designed for both everyday living and entertaining. The gourmet kitchen is a standout with white cabinetry, quartz countertops, double ovens, and a massive center island, making it the heart of the home.
The expansive primary suite on the main floor provides a private retreat, while an additional main-floor bedroom offers flexibility as a guest room or home office. Upstairs, a huge loft area creates the perfect gathering or media space, along with three generously sized bedrooms and two full baths - giving everyone room to spread out. Enjoy resort-style community amenities and the convenience of being zoned for A-rated schools. With space, style, and an exceptional setting, this home truly offers something for everyone. If buyer uses our preferred lender, Amanda Solari with First Coast Mortgage Funding, she will provide a credit of up to 1% of the loan value towards closing costs and prepaids. This could result in a savings of over $7,000!
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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