3701 HARBOR Drive
About This Property
Check out the master bedroom with views of the marina and distant views of the Intracoastal Waterway. An open floor plan allows for a great entertaining space while enjoying the views from practically every window. Enjoy the gas fireplace on a cool evening, watch the stars from your deck and enjoy your fenced in yard with unobstructed views. First floor features two guest bedrooms, one with access to the back patio, large office or 4th bedroom with access to back yard, utility/laundry room and full bathroom.
This home has was built and lovingly cared for by the current owners and is ready for it's new family to make it their own.
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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