8252 Old Tramway Drive
About This Property
The open floor plan is highlighted by expansive infinity windows and sliders that frame the screened-in lanai and pool with waterfall feature. A large kitchen with center island and granite countertops overlooks the family room, creating an ideal space for entertaining. The home also features formal living with gas fireplace and dining room with wet bar area for more traditional gatherings.
The second floor includes a generous game/media loft, along with two bedrooms and two full baths. Step outside onto the upper deck to enjoy north-facing views perfect for watching Space Shuttle launches.
Baytree offers community amenities, including tennis/ pickleball courts, a community pool, and a playground.
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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.
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About Baytree
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Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,110 ft²
$1,800 /mo
- 2 Beds
- 2 Baths
- 1,110 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017