3216 TRAFALGAR Court
About This Property
Interior features include engineered wood floors, ceramic tile, arched doorways, knock down ceiling texture, inside laundry with washer & dryer, recessed lighting, wired for surround sound, fireplace, & custom blinds. Gourmet kitchen has 42" raised panel dark cherry cabinets with crown molding, island, solid surface counter tops, breakfast bar, pantry, eat in nook, tile backsplash, stainless dishwasher, refrigerator, smooth top range/ self-cleaning oven, & built in microwave. Owners suite has double door entry, tray ceiling, his & her walk in closets, ceramic tile, garden tub, separate shower, his & her walk in closets, ceramic tile, garden tub, separate shower, his & her vanity, enclosed water closet, & linen closet. Exterior features include recently painted full stucco exterior with stone, vinyl soffits, gutters, screened lanai, wood deck with pergola, fire pit, 2 car garage with automatic opener, & storage shelves, irrigation system, & large fenced rear yard. Outstanding golf community with brand new clubhouse is a great place to call home.
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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