32859 3RD AVE
About This Property
The primary suite features a tray ceiling, spa-like bath with soaking tub, dual rainfall showers, dual vanities, makeup vanity, and two custom walk-in closets with direct laundry access. Four additional bedrooms have custom closets; two include private en suites-one with a walk-in shower and hexagon mosaic floor, the other with a tub-shower combo and subway tile. The remaining bedrooms share a bath with marble-look tile shower, black herringbone floor, and black vanity with quartz top.
Outdoor living includes a covered porch with wood ceiling, fans, recessed lighting, built-in speakers, and stacked stone outdoor kitchen with grill, hood, sink, and beverage fridge. Perfect for entertaining or relaxing with open backyard views.
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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 San Antonio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017