7568 Chester Terrace
About This Property
High end Bosch & Wolf appliances, 5 Bedrooms & 6 full bathrooms; master bedroom downstairs with an office or possibly 6th bedroom; 4 bedrooms & an all-purpose room upstairs.
Beautiful landscaping with a circular driveway; marble & wood floors throughout; hurricane windows throughout.
Sub-zero refrigerator; 2 dishwashers; 2 ovens; 3 sinks; warming drawer; propane gas; steam & luxury shower; laundry room that doubles as 2nd kitchen; 3 NEWER HVAC units; newer pool heater; finished 2 car garage floor.
The laundry room/2nd kitchen has an oven, stove and dishwasher.
This gorgeous property is located on the largest cul-de-sac in Thornhill Estates.
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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 Boca Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017