807 Garnet Circle
About This Property
residence is located in the gated community of Emerald Isles. The floorplan offers 3 bedrooms, 2.5 bathrooms
& 1 car garage. As you enter, you have the formal dining and 20' ft high ceiling cathedral living area. Property
was completely renovated with modern finishes, kitchen is exquisite, with modern cabinetry, island kitchen with
Calcutta Quartz countertops, built-in microwave/stove combo and additional flat stove with range hood overtop.
24x24 marble tile throughout downstairs. Elegant ½ bath for guests located on the first level. Upstairs will be
the oversized bedrooms. Master bath is full of space with his & her sinks. As you step in the back yard, enjoy
your custom outdoor kitchen and lounge area while entertaining guests. All windows come with accordion
shutters. Tile roof was re-done in 2016, AC 2018. Located near major highways, shopping & dining.
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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%.
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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 Weston
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Currently no similar homes aroundNearby Rentals
$4,950 /mo
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- 1,665 ft²
$5,000 /mo
- 4 Beds
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- 2,612 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017