6145 Bay Isles Drive
About This Property
Spacious kitchen features eat-in breakfast area, newer dishwasher, microwave & stove. Living areas all neutral tile. Master bedroom has Laminate flooring, large walk-in closet, master bath features separate shower, tub & dual sinks. Sliders from living room out to huge tiled, covered & screened patio with roll-down shutters. Close to community pool, clubhouse, tennis, pickleball, fitness & much more. Conveniently located close to shopping, restaurants, beaches, interstate & major airport.
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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 Pipers Glen
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
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$10,000 /mo
- 5 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017