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373 Cypress Point Drive
About This Property
The home boasts a newer HVAC system, ensuring comfort year-round. From your back patio, enjoy the serene views of wildlife and water, creating a peaceful retreat right at home. Community amenities include a pool & and lawn care services Plus, you'll appreciate the utmost convenience with nearby shopping centers, restaurants, outdoor activities, and easy access to US-1 & I-95. Short distance to the beach!
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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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About Lake Pointe Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017