45
Map
6001 Palm Drive
About This Property
The double-entry driveway offers ample parking, and the 2.5-car garage with a built-in workshop is perfect for hobbies, storage, or weekend projects. A detached shed adds even more room for your tools and toys.
Inside, you'll find two primary living areas, beautiful tile work throughout, and a layout full of character and charm. Recent updates include a newer roof and water heater. Mature fruit trees including mango, avocado, guava, and tangerine give the backyard a true Florida feel.
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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