344 Lucy Street
About This Property
It's no mystery why 344 Lucy Street exceeds all expectation. Transitioning from working to playing and from hosting to relaxing is seamless in this all-encompassing retreat. The light-filled living room links to the impressive back courtyard and makes a night at home worth staying in for. The outdoor living opportunity at 344 Lucy Street is unmatched.
Host, relax, rent, or do all of the above in downtown Saugatuck through 344 Lucy Street.
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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