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3215 Turtle Cove
About This Property
SELLER RESERVES THE RIGHT TO ACCEPT THE OFFER DEEMED BEST REGARDLESS OF THE DATE OF RECEIPT AND MAY ACCEPT OR REJECT ANY OFFER AT ITS SOLE DISCRETION
PNC BANK (the Seller) prefers that properties receive a minimum of 10 days exposure to the market before considering purchase offers. However, this is not a requirement and purchase offers may be accepted at anytime by the Seller. Therefore, it is strongly recommended that you submit your offer as soon as possible.
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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 Renaissance
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,800 /mo
- 3 Beds
- 2 Baths
- 1,274 ft²
$1,900 /mo
- 2 Beds
- 1 Bath
- 963 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017