687 Caribbean Road
About This Property
Its loaded with upgrades.. paver driveway, double leaded glass entry doors, and hurricane shutters. This home features a nice open floorplan, with 18'' tiles floors, kitchen with gorgeous maple cabinets with granite counters and tumbled marble backsplash. Amazing master bath with tile up the walls, frameless glass shower door, and high top vanity with grate top and under mount sink. Home also has newer windows, large screened in porch and spacious free form pool with custom stamped concrete decking, and fenced in back yard. This home won't last
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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 De Soto Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 1 Bed
- 1 Bath
- 500 ft²
$2,600 /mo
- 3 Beds
- 2 Baths
- 1,326 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017