390 BEALE Avenue
About This Property
Estimated Completion end of September 2019!
Inventory home under construction! The Madison plan with beautifully appointed features includes 4 spacious bedrooms, 3.5 baths, loft and a 2.5 car garage! This elegant layout begins with an entry foyer, which leads to a study or flex space. The family room is open to the gourmet kitchen which includes a large island giving you an abundance of counter space, granite counters, 42'' cabinets, and stainless steel appliances including 30'' gas cooktop, microwave oven combo, and refrigerator! The upstairs features 4 bedroom and a loft. The nice size master suite boasts a luxurious master bath with a garden tub, tiled walk in shower, raised vanity and large walk in closet. Leaving nothing behind, this home even comes with 2" faux wood blinds and a washer and dryer! Built with the Zip System and Advantech Subflooring, our construction offers the strongest wall and flooring systems on the market, provides top of the line moisture barriers and superior stability! Call for your appointment today!
*Price subject to change with final design selections*
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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