3987 Cattail Pond Drive
About This Property
Brand new roof. New maple cabinets in kitchen with silestone counters and glass tile backsplash. GE profile stainless steel appliances. Convection oven.Microwave converts to 2nd oven. Hardwood floors in LR DR Den & Master bedroom. Updated shower and tile in Master bath. Hot tub on large Lanai. Yard extends beyond the hedge.4th bedroom and 3rd bath is private and can be used for guest room, media center or teen suite.Two new air handlers & 2.5 car garage for golf cart or extra storage. Surround sound speakers in den and Bose speakers on the Lanai. Small low maintenance backyard. Home in excellent condition. $12,000 equity membership conveys.Buyer to pay transfer fee and remaining balance. Membership is not mandatory. owner/agen
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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