7774 Charney Lane
About This Property
Back to the first floor.. double family room doors open to a covered winter kitchen/bbq area with exterior television, and an open heated pool with spa and marble paver patio. A bermuda grass backyard is perfect for chaise lounge sun bathing overlooking lake and golf course views. Updated throughout, this home is in exceptional move in condition. A membership to St Andrews CC is required of all buyers at time of purchase and closing. Included in the monthly fee is a $50 per month assessment that is estimated to end in 2023.
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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 St. Andrews Country Club
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$8,000 /mo
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$8,500 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017