6830 Allegre Court
About This Property
The home features a 2 bedroom ensuite with private bathrooms and very spacious walk in closets. The home also features new flooring, kitchen and bathroom cabinets with stunning Calacatta quartz. The kitchen has also been upgraded with new stainless steel smudge resistant appliances. Other features include wet bar with wine rack and wine refrigerator. This modern home is also well accented in color with 6'' baseboards and a 2 car garage with epoxy flooring. Outside, the home was recently landscaped with updated sprinklers and timer. The screened in patio and outside walkways have also been refreshed and looks amazing. The community features a wonderful swimming pool with ample space to sunbath and relax. The association fee covers, cable and internet services along with front yard lawn service and monitored alarm. Home is in a gated community with easy access to the Turnpike and 95. This home will not last, please bring highest and best offers.
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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