52 Tranquility Lane
About This Property
52 Tranquility is a well-maintained 3-bedroom, 2.5-bath home featuring engineered hardwood floors on the main level, luxury vinyl plank upstairs, and tile in all baths. The kitchen and bathrooms showcase stylish, low-maintenance finishes that blend comfort and practicality.
Enjoy sunrise coffee on the spacious sundeck or unwind at sunset. Located near boat launches, white sandy beaches, upscale dining, boutique shopping, and entertainment, this home is perfect as a primary residence, second home, or investment opportunity.
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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