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4947 Boxwood Circle
About This Property
Updated 3 bed, 2 bath with split bedroom floor plan-living, dining spaces with vaulted ceiling. Diagonally laid tiles throughout the living area and kitchen. The kitchen features wood cabinetry, an eat-in island, stainless steel appliances, granite countertops & backsplash, and skylight-exquisite, updated master bathroom with a fully fitted walk-in closet. Florida room complete with sliding impact glass doors flows onto an extended wrap-around patio where nature takes over. The third bedroom is currently configured as an office. Roof 2020. Brand-new water heater.
This small, gated 55+ community offers a clubhouse, gym, pool, spa, and tennis courts for your recreational pleasure. VIRTUALLY STAGED SPACES.
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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 Equestrian
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017