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526 Coral Drive
About This Property
BALLARD PARK renovated, modern, open/split floor plan. Updated, very light and bright with beautiful finishes from top to bottom.
NEW KITCHEN with granite countertops, arabesque backsplash, stainless appliances, breakfast bar and pantry.
MASTER RETREAT complete with wood burning fireplace, sliders to private back yard. SPA LIKE MASTER BATH boasts modern freestanding tub, double vanities, walk in shower, granite countertops, vaulted ceilings and a large WALK IN CLOSET with windows.
Convenient PRIVATE BOAT PARKING.
Circular driveway, corner lot, mature landscaping, private back yard, separate laundry.
Ballard Park is just a moment away with amenities including boat ramps, park, basketball courts, tennis courts & more
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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