3636 Vale View Ln
About This Property
Entertain guests on the spectacular covered back patio that is partially enclosed by glass and has a built in gas grill, mini fridge, gas fireplace, speakers, hot tub, remote control shades, a ceiling fan, and a mount for your tv. This back patio retreat is surrounded by a professionally landscaped yard with a built in fire pit, a peaceful waterfall, a koi fish pond, and a lush garden with fruits, herbs, and vegetables. So much serenity and beauty in this property!! Bonus: Irrigation is supplied by the neighborhood lake and is included in the HOA. There's also a full unfinished basement to make your own. Come see why you will want to make this your next home.
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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