59 Palomino PATH
About This Property
You'll also appreciate the additional storage space provided by the shed and storage area underneath the home as well. Plus, an irrigation system ensures that your lawn stays lush and green. The golf cart is available for purchase separately from the home.
If you enjoy resort-style living, this is the perfect place for you. The quiet neighborhood offers plenty of activities to keep you entertained, and once you step inside, you'll know you're home.
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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