737 SHETLAND Drive
About This Property
The spacious primary suite includes a walk in closet, dual sinks, and a walk in shower. Step outside to enjoy the screened lanai, paver patio, fenced backyard, and mature trees. Additional features include tile flooring throughout the main living areas, wood laminate flooring in the bedrooms, and a laundry room conveniently located off the two car garage.Residents of Aberdeen enjoy access to recreation and lap pools, a waterslide, fitness center, tennis and basketball courts, playgrounds, a clubhouse, and more. Conveniently located near shopping, dining, and major roadways.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017