736 TRELLIS BAY Drive
About This Property
Welcome home to this beautiful pool home situated on an expansive water view lot. Inviting and open floor plan boasts a large kitchen with quartz countertops, tile backsplash, great lighting, and stainless appliances. 4 bedrooms and 2 baths. Owners' suite has beautiful garden tub with separate shower and raised double sinks. Refrigerator, washer & dryer all convey. It only gets better as you step outside to the screened lanai overlooking a sparkling pool with lots of brick pavers to sit and relax around the pool. Look no further, come see this beauty.
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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