595 Firethorn Trail
About This Property
Amenities include a central vacuum, sound and security systems, whole-house water filter, climate control, and a heated three-car garage. The gourmet kitchen with Sub-Zero and Wolf appliances, a large island, and a copper sink opens to a breakfast area. The living and dining rooms offer stunning views of Grandfather Mountain.
The primary suite features a private deck, study, two walk-in closets, and a luxurious bathroom with heated floors, a tub, and a walk-in shower. The lower level includes a great room with a full bar, three additional bedrooms, 2.5 baths, and a 51x21 wine cellar with extensive storage.
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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