23
Map
706 Charlemagne Boulevard
About This Property
a desirable 55+over 55 community! 1,188 sq ft
plus a 192 sq ft Florida room,for a total of 1,389
under air.Asphalt roof over main house , metal
over Florida room.Extra wide driveway leading
into inviting screened entrance. Property has a well
for irrigation. All this just 15 minutes from 5th Ave.
and beautiful Beaches.Low HOA fees and YES you
own the land!
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Cap Rate Calculator
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