440 PORTA ROSA Circle
About This Property
Master Bedroom is Large, with glassed in Shower, Separate Garden Tub and Walk in closet. Guest Bedroom 2 is private near upgraded 2nd Bath Glass enclosed shower. Bedrooms 3 & 4 are in a separate hallway with upgraded 3rd bath with glass enclosed tub. Front load Washer & Dryer with pedestals stay. Custom blinds throughout. All recessed lighting in the home is now LED. All faucets, lighting fixtures and electrical switches have been updated throughout the home. Garage floors have epoxy stain, an aluminum pull down ladder with lighted access leads to insulated attic with floor panels for easy storage. A 4-panel removable custom screen enhances this beautiful Lanai, epoxy-stained floors, two mounted outdoor speakers and cable outlet complete this outdoor space. Make this .41 of an acre your backyard oasis with room for a pool and so much more. Additional features include: 5 outdoor electrical receptacles, 2 in the Lanai and 3 outside the home with extra receptacles in the garage. Full house Surge protection at the breaker panel and Separate surge protector at the AC condenser unit. Wired landscape lighting in the front of the house for extra security. Complete full house Gutter system. Make this you home!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017