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7348 Lugano Drive
About This Property
Updated Primary Bathroom and 3rd bedroom features a Murphy bed. Tile floors throughout living area and beautiful vinyl floors in bedrooms.
Backyard is a tropical oasis with lush landscaping and private yard.
San Marco has an active Pickleball Community, Gym, Clubhouse, Billiards, Clubs, Manager on Site and a Pool Chiller for those hot days. Located adjacent to Westchester Country Club Golf Course, a public course . Enjoy a walk through Wakodahatchee Wetlands and Nature Preserve or Green Cay Wetlands ~restaurants, shopping and entertainment are just minutes away
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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 Pipers Glen
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$4,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017