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678 Sandpiper Circle
About This Property
The Kitchen offers Gorgeous, high-end 42'' Cabinets, Granite Countertops, Stainless Appliances and 3-1 sink (fitted strainer/basin/cutting board). This Split floor plan provides a desirable upgraded Master and Guest Bathroom. The 3rd Bedroom also serves as a media room w/built in speakers. The over-sized Fenced in Backyard has plenty of room for a Pool. With HOAs as low as $75yr., don't miss your Opportunity to live in this Desirable Neighborhood. Close to Shopping, Schools, Restaurants and 20min to the Beach.
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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