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520 Pomello Drive
About This Property
There is also a perfect reading library and a separate office. The living room is open to the dining area and the gourmet style kitchen is expansive with an extra large center island, plenty of cabinets and countertop space, a walk in pantry, and a large breakfast area. Step out to the covered patio that gives you more space for entertaining! It's a versatile indoor/outdoor room that can be used as an exercise room, playroom or sitting area. Imagine entertaining friends or hosting a movie night in the fantastic game room equipped with wet bar and fireplace. The backyard is a tropical oasis surrounded by majestic queen palms and carefully manicured fruit trees spread around the impressive pool, spa and Tennis Court.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Listed by RE/MAX RESOURCES | $1,493,000 | |
| Listed by RE/MAX RESOURCES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017