4360 Appian Way
About This Property
Mortgage Rates Are at a Historic Low.
This fully upgraded spacious home with 3 bedrooms 2 baths features a remodeled kitchen with stainless steel appliances. A big backyard with an enclosed fence and private swimming pool perfect for play, gardening or just relaxing on a weekend. The location can't be beat as the home is located in a top neighborhood close to the center of town, schools and highway access. Brand New AC Unit, Jacuzzi Spa- NO HOA !
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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 Palm Beach Villas East
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$2,500 /mo
- 3 Beds
- 1 Bath
- 1,924 ft²
$2,500 /mo
- 3 Beds
- 1 Bath
- 1,924 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017