428 SEBASTIAN Square
About This Property
views from large salt water pool, spa & enclosed lanai. Perfect family living 5 bdrms & 5 full bths. Full Mediterranean design boasts Juliette balconies, columned entry & paver driveway. Large family room w/ fireplace,built-in bookshelves & bar area makes the perfect gathering place for family. Granite Counter tops, gas range, prep island,stainless steel appliances & family dining area completes this large family space. Upstairs bonus room w/ private screened balcony is the ideal media space. Storage galore. Family room carpet & bar refrigerator have just been replaced. Home owner had an inspection on the house in the last 12 months & addressed any findings. Seller is offering a one year home warr
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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