5 Polo Circle
About This Property
THIS TRANQUIL RANCH HOME FEATURES A CIRCULAR DRIVEWAY, TANKLESS NATURAL GAS WATER HEATER W/ UNLIMITED HOT WATER - ALLOWING EASY CONVERSION TO GAS APPLIANCES; SEPARATE INDOOR LAUNDRY AREA WITH HIGH CAPACITY, FRONT LOADER WASHER AND DRYER; EXPOSED WHITE BRICK WALL IN DINING AREA; SS APPLIANCES; WALK-IN X-TRA LARGE PANTRY; CABANA BATH AND UPDATED MASTER BATH W/ DUAL SINKS; OVERSIZED FENCED IN YARD WITH MANGO, PAPAYA AND AVOCADO TREES, 2 SHEDS FOR ADD'L STORAGE AND PLENTY OF ROOM FOR A POOL. CLOSE TO TOWN CENTER MALL, PARKS, RESTAURANTS & HOUSES OF WORSHIP. A RATED SCHOOLS.
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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 University Park Country Club Estates
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$9,000 /mo
- 3 Beds
- 3 Baths
- 1,853 ft²
$8,350 /mo
- 2 Beds
- 2 Baths
- 1,527 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017