337 CRYSTAL LAKE Drive
About This Property
The master is complete w/ barn doors, a large walk-in closet & luxurious master bath with dual sinks, granite countertops & glass walk-in shower. LVT flooring will run throughout the main living areas & hallways, windows & doors are all fully cased and drywall finished smooth. Solid wood double entry doors open to the inside & outdoors finds covered front and back porches. The back yard is over 1/2 an acre in size offering ample space to park a boat, add a pool or do both. Located in Prairie Lakes subdivision, you're close to downtown, the beaches & shopping but far enough removed from the hustle & bustle of town. This is one you won't want to miss!
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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