4535 Luke Ave Avenue
About This Property
From the moment you arrive, you'll appreciate the ample parking and striking curb appeal. Step inside to a bright, open layout ideal for large families or vacation groups. The spacious kitchen, multiple gathering areas, and private bedroom suites provide both luxury and functionality.
Outside, escape to your backyard oasis featuring a heated private pool surrounded by lush tropical landscaping-perfect for relaxing after a beach day or entertaining under the stars. 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017