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5338 Toscana Trail
About This Property
THE VERONA MODEL HAS A SUPERB SPLIT FLOOR PLAN. OPEN AND SPACIOUS WITH STUNNING VIEWS FROM NEARLY EVERY ROOM. APPOINTMENTS INCLUDE: OPEN KITCHEN TO GREAT ROOM WITH GRANITE COUNTER-TOPS AND GRANITE BREAKFAST BAR. NEUTRAL TILE THRU-OUT LIVING AREAS ON THE DIAGONAL. HIGH-HATS, NEWER AC AND HOT WATER HEATER. /OFFICE DEN CAN BE 3RD BEDROOM.
TUSCANY BAY IS AN ACTIVE COMMUNITY WITH A FABULOUS RECREATIONAL ROOM INCLUDING A FULLY EQUIPPED KITCHEN, EXERCISE AND FITNESS ROOM, BILLIARDS, TENNIS, PUTTING GREEN, RESORT STYLE POOL SETTING OVERLOOKING SERENE LAKE, JACUZZI AND ON SIGHT MANAGER AND MORE. THIS GUARD GATED COMMUNITY IS CENTRALLY LOCATED AND CLOSE TO TRENDY ATLANTIC AVENUE.
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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 Tuscany Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017