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8722 52ND DRIVE E
About This Property
The updated kitchen boasts quartz countertops, double pantries, and a handy utility closet to keep everything organized. The primary suite is your personal sanctuary, complete with dual sinks, a spacious walk-in closet, a private water closet, and a luxurious walk-in shower. Roof was replace in 2015 and the A/C in 2020.
Living here means more time to relax-thanks to the HOA, which takes care of landscape maintenance, roof cleaning, and exterior home painting. The master association sweetens the deal with 24-hour manned entry gates, basic cable and internet, and meticulous care of common areas, roads, and sidewalks, making life as effortless as it is enjoyable.
Located just moments from the clubhouse, this home combines easy living, functionality, and an unbeatable location. Membership at the club is optional in this area of Rosedale, but highly coveted. The club offers a variety of activities including five lighted Har-Tru tennis courts, an 18-hole championship golf course, a Junior-size Olympic swimming pool and a state-of-the-art wellness center. The recently modernized clubhouse offers a dining room, lounge and bistro patio with an extensive menu and friendly members. Don't miss the opportunity to make it yours!
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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