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45 Night Heron
About This Property
The outdoor living is equally impressive, featuring a serene fountain on a beautiful open patio that sits next to a screened-in porch with a cozy fireplace, offering a perfect year-round retreat. Designed for both current luxury and future flexibility, the home offers immense space for a growing family, including a third floor already framed for two additional bedrooms and a full bath. Whether you are scaling down to effortless one-level living or expanding your legacy, this residence provides a rare opportunity to enjoy premier community amenities--including the clubhouse, pool, and tennis courts--all just minutes from the natural beauty of Jordan Lake.
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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