7301 Cataluna Circle
About This Property
CATALUNA CIRCLE IMPROVEMENTS:
• TANKLESS WATER HEATER; 200 AMP INSTANT- ON
• GUTTERS WITH UNDERGROUND DRAINAGE TO LAKE
• BATHROOMS RE-DONE; CEMENT BOARD WATERPROOFING MEMBRANC
• FRAMELESS ENCLOSURE
• SHOWER WITH ROCKS;
• TILE FLOOR THROUGHOUT; PORCELAIN TILE WITH PORCELAIN BASEBOARDS
• UPGRADED HARDWARE ON ALL DOORS
• VOLUME CEILINGS
• ALL NEW CEILING FANS
• EUROPEAN DESIGNED IMPACT WINDOWS
• RETRACTABLE SCREENS ON ALL EXTERIOR WINDOWS
• SINGLE-LIGHT LOFT WINDOWS FOR CROSS VENTILATION.
• FRENCH DOORS TO PA
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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 Vizcaya
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017