5010 Banyan Ln
About This Property
The home offers generous storage, including two oversized walk-in closets and additional built-in storage in the fourth bedroom. The home office enjoys peaceful views of the landscaped garden atrium, creating an ideal work-from-home setting.
Located near the end of a quiet cul-de-sac, this property is perfect for entertaining or simply relaxing by the pool while enjoying the open golf-course views. The property is equipped with two A/C systems, both with new motors.
No mandatory membership and no required golf membership. A rare combination of privacy, upgrades, outdoor living, and golf-course views.
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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%.
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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 Tamarac
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$1,850 /mo
- 2 Beds
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- 1,085 ft²
$8,000 /mo
- 4 Beds
- 3 Baths
- 3,210 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017