6799 Catania Drive
About This Property
Tile in all main areas and Master Bedroom has wood laminate with sliders to gorgeous patio. Accordian Hurricane Shutters Throughout. Easy Living in this great floorplan. All located in the Community of Ponte Vecchio. Large Clubhouse with Tennis, Pickleball, State of the Art Fitness, Pool and Spa, Billiards, Clubs and Classes, Always something to do! This home is a must see. Great Lifestyle at a great Price!
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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 Tuscany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017