35
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334 NE 3rd Street
About This Property
The backyard oasis features a separate cabana structure features a full summer kitchen and bar. Slide open the doors to reveal your private outdoor retreat complete with a 48-inch Wolf grill, bar seating, a waterproof SunBrite TV, saltwater pool, and spa. From intimate alfresco dinners to lively celebrations, this space is designed to make every moment memorable.
Of course, the home is fully loaded: full-house generator, integrated speakers in every room, TVs installed inside and out, commercial-grade WiFi, security cameras, an automatic driveway gate, and wireless pool controls all accessible from your phone wherever you are in the world.
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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 Kings Court
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017