505 Mary Lou Way
About This Property
community with a community pool, pavilon, sidewalks, underground utilities. Stunning CAMDEN open design offers trey ceilings with crown molding, 4 bedrooms, 3.5 baths, study/flex room, formal dining, covered patio & 3 car garage. Gorgeous amenities with a fabulous design makes this home a winner. An additional bedroom has it's own private bath, walk in closet that opens to a study/flex room which could be used as a guest suite. Beautiful granite, undermount sinks in the kitchen & baths, stainless steel appliances, quiet dishwasher, island bar & lg. pantry. EVP is the latest in wood look flooring & Frieze carpet in the bedrooms. Smart Home 'Connect' System includes your video camera doorbell, keyless entry & more.
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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