3590 Poseidon Way
About This Property
Step Inside To A Breathtaking Two-Story Entrance, Featuring A Classic Spiral Staircase. The Spacious Home Office W/ A Gas Fireplace Provides A Tranquil Retreat, While The Formal Dining Room Is Ideal For Gatherings.
The Chef's Kitchen Boasts A Grand Waterfall Island, Gas Cooking, Soft-Close Cabinetry, & A Picture Window W/ Stunning Lake Views. Upstairs Offers A Media Room, Kitchenette, Loft, & Two Bedrooms.
The Real Showstopper? The Backyard. Expansive 10Ft Sliding Glass Doors Seamlessly Transition To Your Private Paradise, Where A Heated Saltwater Pool, Outdoor Kitchen, & Stunning Lake Views Await. Whether Hosting A Summer Barbecue Or Enjoying A Peaceful Sunset, This Space Is Pure Perfection-Blurring The Lines Between Indoor & Outdoor Living.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017