400 C Street
About This Property
suite is large enough for a king size bed and it has access to the backyard oasis. The kitchen is light and bright with white cabinets and quartz counter tops. There is an outdoor shower so when you take your short walk from the beach you can rinse off and jump into the pool. The pool is equipped with a jet to allow for lap swimming. Don't miss this opportunityI It won't las Special features of this home: 1) Solar panel heated pool with swim jet. 2) Outside enclosed shower. 3) Storage shed 4) Built in shelving in the family room. 4) Water filtration system and reverse osmosis at the sink for drinking water. 5) Easy install hurricane panels 6) Home is not in a flood zone.
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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