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Map
58 Cobalt Lane
About This Property
rate with a four year balloon. The size of this lot allows one to build a 4000 to 5000 square foot dream home with plenty of space for a pool. Emerald Bay is a very populargated golf course community with a pool, clubhouse, guest house & tennis courts available for Emerald Bay Owners. In addition, Emerald Bay is so close to so many of the area's most desired amenities. Come see it today, build &
live the Emerald Bay Way!
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Cap Rate Calculator
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