360 Bridge Harbor Drive #LOT1068
About This Property
Up to $10K in Flex dollars with executed contract by 5/31/2020 and must close by 6/26/2020 This Cali floor plan is under construction and features 4 bedrooms with one that can be used as a den or office. As you enter this home you will find quality paint with orange peel textured walls and traditional 8' ceilings. Vinyl flooring throughout all common areas of the home and carpet in bedrooms. The kitchen is open and spacious with a center island and includes a pantry, beautiful stained cabinetry and durable laminate countertops as
well as a Kinetico water filtration system. The appliances include a dishwasher, stove and microwave. The master suite has a nice sized bath with separate shower and large soak tub, as well as a large walk in closet. A standard Smart Home package is included with an Echo Dot device, Qolsys touch panel, kwikset keyless entry and Skybell doorbell.
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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