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3386 Vanderbilt Drive
About This Property
Enjoy massive builder upgrades & hurricane safety features. Property offers 5 bedrooms, 4 full bathrooms over 3,000 living square feet, with a split 3 car garage & lush private fenced in yard . Room to spread out with vaulted 20+foot ceilings in great room, spacious family room, massive kitchen with upgrades, plus bonus central vac.
One guest bedroom and full bath on first floor! Exterior / Interior updates: new paint, updated flooring, kitchen ,baths, high end appliances, and much more. All new landscaping provides perfect curb appeal. Clubhouse just under went an extensive renovation offering new pool cabanas, playground, gym, tennis courts and more. A must see
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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%.
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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 Oakmont Estates
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$6,000 /mo
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$9,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017