5429 Wellcraft Drive
About This Property
All bedrooms and a laundry closet are located upstairs.
Spacious master bedroom with 2 closets, dual vanities and a separate shower and a tub in the master bathroom. High quality laminate was installed on the second floor and on the stairs. Freshly painted inside and exterior.
Pets are welcome in this neighborhood.
Community offers resort style pool, playgrounds, fitness room, tennis and basketball courts, volleyball and soccer fields. Low HOA and close to everything!
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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 Nautica Isles West
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$2,500 /mo
- 3 Beds
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- 1,924 ft²
$2,500 /mo
- 3 Beds
- 1 Bath
- 1,924 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017