Lot 4 Lagrange Cove Circle
About This Property
Nestled within the boundaries of LaGrange Cove, a gated community, you'll find the utmost exclusivity, with only a dozen homesites.
As you step onto this enchanting parcel, you'll be immediately captivated by the majesty of the ancient oak trees. With an impressive 85 feet of prime bayou frontage, this lot provides ample space for creating your own private oasis. Boasting deep water access, it's perfect for accommodating larger vessels.
Don't miss the opportunity to make this exceptional property your own and start living the dream today!
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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