5356 COACHWHIP Drive
About This Property
The spacious 5 bedroom, 3 full bath homes leaves plenty of space to comfortably unwind. From the formal living room off the kitchen, to the large dining room, to the family room with built-in fireplace, there's space to entertain, play, or just relax. Split floorplan with primary suite on one side and the additional 4 bedrooms and 2 full baths on the other. Recent upgrades include luxury vinyl plank flooring throughout, new HVAC and ductwork, new water heater, new appliances, and new fixtures. Recent survey on file as well!
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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