430 Monaco Drive
About This Property
Inside, this home features high ceilings, abundant natural light, and a kitchen that flows seamlessly into the main living areas-perfect for both daily living and entertaining. Step outside to your private backyard oasis, complete with a heated saltwater pool, ideal for year-round enjoyment.
One of the standout features of this home is the air-conditioned upstairs flex space-not included in the 3,431 square feet of living area! While currently unfinished, it's full of potential and ready to be transformed into whatever you need: a home studio, game room, kids' playroom, fitness area, or guest suite. The space is already climate-controlled, and a blank canvas that's ready for your customization. Additional features include a 3-car garage, generous storage throughout, and a layout that offers both privacy and flow.
With room to grow and an unbeatable location, this home offers the flexibility and convenience that you might be looking for!
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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.
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About Mosswood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017