560 Alpine Cirque
About This Property
The open-concept layout seamlessly connects the living, kitchen, and dining areas, creating an ideal space for gathering and entertaining. Abundant natural light fills the home, enhancing its welcoming atmosphere. This 3-bedroom, 2-bath residence includes a spacious primary suite complete with a generously sized closet and well-appointed en-suite bath featuring a double vanity. The two additional bedrooms and full hall bath are thoughtfully positioned on the opposite side of the home, offering privacy and flexibility for guests, family, or a home office. A 2-car garage provides ample parking and additional storage space. Enjoy the peace and quiet of this beautifully treed, secluded lot while still being just a short drive to town amenities. A rare opportunity to own privacy, views, and comfort all in one property!
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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