5 Spenser Court
About This Property
The clubhouse is State of the art with 2 pools and more activities than I can list here.
The taxes are VERY low as well as the maintenance fees.
It is located in a pleasing Cul De Sac. The kitchen is lovely and the bath has been recently renovated. All this leaves is for you to enjoy comfortable living with funds left to enjoy life.
Come to the Jersey Shore.
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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