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770 Florencia Circle
About This Property
Enter thru dbl solid wood doors to a light bright great rm & a flowing floor plan w/20 ft. ceilings.
Imported stone floors in most of the 1st floor w/wood floors in master, office, stairs, landing & 3 upstairs bdrms. The chef will love the expansive kitchen w/sub-zero refrig, built-in commercial gas range, freezer, 2 sinks, breakfast bar & kitchen nook overlooking the courtyard. A huge bath adjoins the FIRST FLOOR MASTER RETREAT w/dbl vanities, walk-in tub, jetted tub, separate water closet & 2 walk-in closets. Brick paver walks meander thru manicured grounds grounds
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Cap Rate Calculator
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