81 SIERRA DUNES Drive
About This Property
This home has been selectively rented and has just received a mini-lift! All new kitchen appliances and fresh paint make this home move-in ready...New 4 ton Trane heat & AC w/ heat pump in 2014 Enjoy a private heated pool, 10ft ceilings and tile floors throughout! Great furnishings and open separate spaces invite you and your guests to relax or scocialize. Even though TOPS'L is off the beaten path, you still have the conveniences of the city attractions. You will enjoy 52 acres with 600ft of award winning sugar white beaches. SIERRA DUNES is nestled between the Tennis Village and the beach condos on a quiet street of single family homes. Rental projection 40K for 2016 @ ITrip
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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