456 GLENNEYRE Circle
About This Property
All of these amazing features are within Shearwater that will allow for outdoor living at its best. Shearwater amenities include Kayak Club,The Hub which includes a cafe, Fitness Lodge, Resort style pool, lap pool, lazy river, waterslide, playgrounds, tennis courts, dog park, community garden, walking trails, community director that plans events for the residents including food trucks, seasonal events, and many fun things for the residents to participate in.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017