556 Saddell Bay LOOP
About This Property
Spanning 1,667 sq. ft., this home boasts contemporary living spaces and a serene ambiance with picturesque park views. Enjoy the tranquility of the bush-surrounded backyard and unwind on the spacious screened-in patio lanai.
Indoors, an open floor plan with high ceilings in the large master bedroom and abundant counter space creates an airy, inviting atmosphere.
Additional highlights include a 2016 water heater, fresh paint, and the added security of a gated community.
Embrace the charm of lakeside living, just a leisurely stroll away from the scenic lakeside walk.
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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