5536 S KEENE --
About This Property
Residents of Cadence enjoy an exceptional lifestyle with amenities including a water park with slides, multiple pools, a lap pool and spa, fitness center, sports courts, playgrounds, parks, walking and biking trails, a community center, game room, and a full calendar of neighborhood events. The community also features a local elementary school located within the neighborhood. Quick access to Loop 202, Hwy 24, and US-60, plus shopping, dining, and entertainment just minutes away, this home offers comfort, convenience, and an exceptional community lifestyle.
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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