6721 Sherbrook Drive
About This Property
Resort style community with 24,000 sq.ft.clubhouse. full-service
sit down CAFE, Broadway-type entertainment. Heated pool, saunas, separate hot tub area, state of the art fitness center, PICKLEBALL, 10 Har-ru lit Tennis courts, Bocce ball, billiards, card rooms and much more. Guard gated community with prime views of the neighboring golf course, which winds throughout the community. Plenty of shopping, dining and recreational attractions nearby.
Homeowner's fees cover the costs of common areas as well as exterior home maintenance like exterior paint, lawn, driveway.
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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