5882 Windsor Terrace
About This Property
3 new top of the line Carrier A/C units 2015, new central vac, new pool motor and LED lighting throughout.
Mandatory Membership Equity. Standard: $30,000 non-refundable initiation, $38,000 equity bond (25% refundable). $13,000 annual dues, $2500 annual food & beverage OR Full (Golf) $30,000 non-refundable initiation, $38,000 equity bond (25% of $38,000 refundable). $19,400 annual dues, $2500 food & beverage.
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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 Woodfield Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017