4628 Varsity Circle
About This Property
Inside the home offers an array of functional and luxurious spaces , inside laundry room with a utility sink adds convenience while the living and dining & family rooms provide ample space for relaxation and entertainment. The large kitchen is a stand out feature equipped with a desk area and cozy, eating nook, perfect for casual meals and daily activities. Modern touches such as 8 foot sliders, LED lighting and smart home technology enhance the living experience, making this home, both stylish and efficient situated in a gated neighborhood with low fees. This property combines affordability and a sense of community, making it an ideal choice for a discerning homeowner
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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 Centennial
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017