5100 APOLLO AVENUE
About This Property
The expansive lot offers endless possibilities-bring your boat, RV, or outdoor toys, and still have plenty of space to add a pool, playground, garden, or create the backyard oasis of your dreams. Located in the peaceful Holopaw area, the community provides access to hiking trails, a park, playground, walking paths, softball fields, and meeting spaces, making it ideal for outdoor enthusiasts. Despite its serene setting, you're close to major shopping centers, schools, and less than 45 minutes from the beach.
This move-in-ready home offers the best of both worlds: modern living surrounded by wide-open space. One or more photos have been virtually staged.
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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