4811 RIDGE RD
About This Property
We're delighted to announce the upcoming pre-sale of an outstanding modern residence. Enjoy the benefits of a 2 Zone HVAC System, five spacious bedrooms, and 4.5 opulent bathrooms. The chef's kitchen boasts premium stainless steel appliances, while the master suite features luxury bath. Early inquiries are encouraged-this extraordinary property will not be on the market for long. Home is finished
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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