6004 AVALON DR
About This Property
The lower level is a haven for entertainment, featuring a wet bar, custom wine closet, and sliders to a covered patio that opens to a meticulously manicured backyard and open space. The attention to detail extends to the professionally landscaped property, equipped with underground drainage and an irrigation system.
With a move-in-ready status, this home invites its new owners to simply enjoy the well-crafted living spaces and the convenience of a property that requires no additional work. Don't miss out on the opportunity to make this stunning residence your own; it's a gem that won't last long .
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017