54 CROWN POINT DRIVE
About This Property
Recent upgrades include new roof, windows, flooring, hot water heater, refrigerator and interior paint. Unlike other homes in the community, this one comes unfurnished – a blank canvas ready for your personal touch! Samsung front loading washer and dryer and kitchenwares included.
Enjoy the ease of a raised lanai/Florida room and a flow-through layout that provides expanded living space and smooth movement between rooms – ideal for accessibility.
A desirable location, the home is a less than 5-minute walk to park amenities including heated pool, tennis
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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