6728 Palermo Way
About This Property
* Roof - 2021
* AC - 2014
* All ages welcome
* Atriums has it's own community pool.
* MINIMUM credit score of 700 is required.
* Pet Friendly w/some restrictions: 1 pet up to 20lbs
* Rentals allowed with 1 year waiting period after purchase. Minimum 90 days. Up to 2 times in a calendar year. Some other restrictions may apply so check rules or with association
* No motorcycles or commercial vehicles are permitted
* CLUB MEMBERSHIP is available but NOT required. Many flexible and affordable options for golf, tennis and social are available. With membership purchase comes access to clubhouse and it's amenities including, golf, tennis, fitness room, pub, cafe and formal dining room, event rooms +++
* With the purchase of a club membership, owners have access to the clubhouse, golf, tennis, fitness room, pub, cafe and formal dining room and event rooms.
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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