41 Dill Lane
About This Property
Double french doors lead you in to the expansive living area from the welcoming front porch of this sun filled home. The master suite also has 2 sets of double french doors that lead out to a covered balcony overlooking a tranquil park area. A full bath with double vanity sinks, over-sized shower and large walk-in closet complete this master retreat.
A first floor bathroom has both indoor and outdoor shower, great after a day at the beach.
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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