86 Pompano Street
About This Property
Leading outside, a screened in patio overlooks beautiful placed pavers that connect a stylish terrace to a fully fenced in private oasis. The distinguished back yard comes with some noteworthy features such as a generous 13' x 29' concrete heated pool, a designated grilling area, and a shaded hammock all while being accompanied by well thought-out landscaping.
The residence is not located inside of a Home Owners Association; customarily, improving your net return and the ability to use the property in a less restricted manner.
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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