3365 Fort Sumter Street
About This Property
Step through French doors to your private oasis: a screened saltwater pool w/ in-floor cleaning and a new heater for year-round swims. The cool-touch paver deck flows to a gazebo and BBQ/firepit area. A privacy fence frames the serene lake view, while mature maples offer shaded hammock spots.
Retreat to the primary suite w/ a garden tub, separate shower, and dual-sink vanity. Extras include a laundry room w/ tub sink and second-fridge outlet, laminate floors, screened entry, and extended paver drive--all designed for easy maintenance.
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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