5259 88th STREET E
About This Property
In Rosedale, you're not just buying a house-you're investing in a vibrant community and lifestyle. At this price, with equity to update, this is a value-packed opportunity you won't want to miss. Take this chance to make it your own, and turn it into the ultimate retreat for years to come. TILED ROOF WAS REPLACED 2018, New AC Compressor 2024.
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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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About Manatee
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$3,100 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017