511 Janice PLACE
About This Property
Enjoy new luxury vinyl flooring throughout the home. White shaker cabinetry in the kitchen with quartz counters, all new appliances, beautiful backsplash and breakfast bar. Both bathrooms completely renovated with Subway and accent tile. Master bath has double sinks with quartz counters. Master closet has closet organizers. Master bedroom has sliding doors that open to the beautiful large screened lanai overlooking the pool. Pool was recently re-fiberglassed. The large backyard has lush, tropical Landscaping. The large fenced backyard is perfect for dog lovers. New water heater. Windows in 2017. Wonderful community just blocks to restaurants and the beach! Make this your home, second home, or investment property. Hurry this one won't last!
Owner is Agent and related to Listing Agent.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017