86 Turnbury Lane
About This Property
beamed, great room with a wall of windows and a stacked stone fireplace is perfect for entertaining while the "three season" screened porch with Eze Breeze windows, a large deck and covered patio offer multiple areas for enjoying the natural beauty of the outdoors and the meticulous landscaping. An expanded driveway offers multiple parking areas for guests and easy access for owners. Come home to the beautiful Blue Ridge Mountains of Big Canoe.
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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