5509 Starfish Road
About This Property
Step outside to the covered, screened patio and enjoy the spacious, fenced backyard, uniquely shaped like a pie. Revel in the breathtaking Westlake sunsets from the comfort of your own yard.
Sky Cove, part of the Westlake community, is family-oriented and offers fantastic amenities, including a private gym and a half-court basketball. Residents of Sky Cove enjoy access to Adventure Park which includes a lagoon-style pool with a thrilling 3-story slide, a splash pad, cabanas, and diverse spaces for recreational activities. The community also provides an outdoor concert pavilion, basketball courts, an adult pool, playground, dog park, and a specialized pump park catering to BMX enthusiasts.
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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 The Acreage
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,599 /mo
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- 2,796 ft²
$5,950 /mo
- 5 Beds
- 2 Baths
- 2,323 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017