7330 Salerno Circle
About This Property
home add function and a touch of class. Upstairs you'll find nice master w generous w/i closet and master bath. Convenient upper level laundry 3 additional br and 2nd full bath.
W/O level has rec room with 5th br and 3rd full bath with slider to patio . All of this on an oversized lot with she This home has been an executive rental for the past year so property taxes are non homestead and thus with homestead exemption will be significantly lower
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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