3612 Churchill Downs Dr
About This Property
The completely remodeled home comes with volume ceilings and marble flooring throughout much of the first floor and bamboo hardwood flooring in all bedrooms, as well as the upstairs loft. The dream kitchen includes upgraded wood cabinetry, granite countertops, a full Viking appliance suite, and an oversized center island. Simply too many features to list!
Your outdoor tropical oasis features a large freeform pool with an oversized travertine patio, perfect for entertaining! Includes hidden gas lines and a buried 500 gal propane tank.
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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