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355 Carmine Drive
About This Property
Completely remodeled home with NEW EVERYTHING. List includes: new roof, electrical wiring, panel/meter, irrigation, stucco, paint in/out, drywall/texture, impact windows/doors, PVC plumbing, PEX waterlines, Hot Water Heater, solid core doors/casing/baseboard, kitchen with stainless steel appliances, backsplash, quartz countertops, under cabinet lighting, Outdoor Shower, A/C & Ductwork, Insulation, Pool Equipment, Pool Tile/Remarcite, Paver Patio/walkways, Dock with composite decking with electric and water run to it, landscaping, bathrooms w/ custom tile, high end cypress chandelier, all lighting/fans and much more.
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Cap Rate Calculator
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 Venetian Way
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$3,000 /mo
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$3,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017