854 Lorenza Place
About This Property
Dining Room is set-apart w an elegant column feature, & has its own chandelier. Ceilings are 12-14 feet tall in main areas & 10+ feet tall in bedroom areas, w multiple tray-ceiling features throughout. 8 foot doors. Hurricane panels. ''Instant-on'' natural gas. The main foyer has a stunning crystal chandelier that adds to the elegance of the home. Easy access to I-95
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017