4000 Waterswatch Drive
About This Property
Also on the first floor is an attached 2 car garage, Office, Morning Room with transom windows, formal dining room with tray ceiling, double crown moulding and wainscoting, sitting room with all hardwood floors. Second level has five bedrooms, one of which has a balcony overlooking the front meticulously maintained yard with irrigation system. There is a second floor laundry room with washer and dryer. This home boasts a huge main en-suite bedroom with jetted tub and separate shower, walk in closet, and gives way to a seating area affording a view of the fabulously manicured backyard below with a split level deck and patio for entertaining.
No Showings till after 2pm Friday. April 23
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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