51 Waterview Place
About This Property
Crafted with love & featuring cypress wood siding, this custom-built haven boasts an open layout that seamlessly connects living, dining, & kitchen spaces. The primary suite on the 2nd floor, with its patio overlooking the bayou, creates a personal oasis for relaxation. 2 bedrooms with ensuite bathroom downstairs offers comfort. Home features gas fireplaces, abundant storage, ensuring a clutter-free haven & laundry room with wash sink. Tucked away on a tranquil cul-de-sac, this residence offers privacy & serenity. Ready to live the waterfront dream? Schedule your showing today!
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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