80 RUBI Way
About This Property
The home is a two story Dockside model built by Pulte. The first floor has a large master suite, office/flex area, two additional bedrooms, and a three car tandem garage. The garage is approximately 47 feet long making it perfect for a small boat, RV, or trailer. Upstairs are two additional bedrooms and a large loft and separate theater area. Showings start on the evening of 6/4/21 and an open house will be on 6/5/21 from 11:30 AM until 2:00 PM.
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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