41 RIALTO Drive
About This Property
1. Upgraded luxury chandeliers, and light fixtures throughout the house
2. Marble flooring in powder bath
3. Upgraded outdoor porcelain tile on the patio
4. 36in. GE Profile stovetop
5. Brand new carpet in Primary Bedroom and closet
6. Upgraded coastal kitchen backsplash
7. Upgraded wall and floor tile in upstairs bathroom
8. Garage overhead storage racks (2)
9. Remote Controlled Shades in Family Room
10. Large Screened Lanai
22. Fenced Backyard with Privacy Fence
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Cap Rate Calculator
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