690 OAKLAND Avenue
About This Property
Upon entering the home, you are greeted by a well-thought-out layout. The interior features an open-concept design with vaulted ceiling jointing the kitchen, living room, and dining room spaces. The living room is bathed in natural light and a modern and stylish kitchen features stainless appliances and, granite counter tops, and classic subway backsplash. The home boasts three bedrooms, each thoughtfully designed to provide comfort and privacy along with two well-appointed bathrooms, complete with contemporary fixtures and stylish finishes. The backyard of the home is a peaceful oasis ready for you to enjoy.
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017