8134 Gandy WAY
About This Property
Additional updates include 42 SELLER OWNED PV solar panels, solar hot water heater, and two solar attic fans. Combined solar features offer very little to no electric bill!! Impact resistant hurricane windows throughout, newer pvc piping, energy efficient variable speed pool pump, nest door bell/ thermostat, new roof and exterior paint completed in 2019, AC/Heat pump replaced in 2016, and R38 fiberglass insulation for increased energy efficiency.
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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