697 SANDRINGHAM Drive
About This Property
Features include trey ceilings, crown moldings, wainscoting in dining room, Brazilian cherry wood flooring in great room and separate dining room, 18'' ceramic tile in kitchen, foyer and hall. Great room has built-in bookcase and cabinets, open/bright kitchen with eating area, stainless steel appliances. Whole house backup generator, three car garage with epoxy coated flooring and so much more.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017