3289 Alling DRIVE
About This Property
Step inside, and you're greeted by a seamless flow between the living room, dining area, and family room, all seamlessly connected to the kitchen-a hub of culinary delights adorned with sleek solid wood cabinets, granite countertops, and gleaming stainless steel appliances.
But the entertainment doesn't stop indoors. Venture out onto the lanai and behold the tropical oasis that is your backyard, perfect for hosting gatherings or simply unwinding in the serenity of nature. With generously sized bedrooms, there's room for everyone in the family to find their own space and comfort. Plus, with outside irrigation featuring reclaimed water, you can maintain the lush greenery without worrying about skyrocketing water bills. Nestled in a quiet street within a fantastic community, this home offers the best of both worlds-tranquility and convenience. Enjoy easy access to shopping, major roads, and a variety of dining options, making every day a breeze. Don't let this opportunity slip away-come and experience the charm of this unique home for yourself!
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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