82 CLOISTERBANE Drive
About This Property
Barely lived in home features 5 bedrooms. Downstairs bonus rm (5th BR) has additional flex room - Can be used for media room, game room, child's play area. Master suite down with double step trey ceiling, bay window-sitting area, bath includes large deep soaking tub, separate frameless shower, vanity with dual sinks, Corian counter. Beautiful Chef's kitchen features Granite counters, large center island - great for casual family meals. Stainless appliances includes double wall ovens, pull out drawer microwave, 3 door French style refrigerator, pendant lighting, tile back splash, large walk-in pantry. pantry.
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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