8727 Gleneagle Way
About This Property
No waiting for a golf membership, buy today and golf tomorrow No detail was spared including GE Cafe appliances including wine cooler, upgraded cabinetry and lighting, new flooring and tile, seamless shower doors. A major renovation is underway, and the brand new resort pool is slated to re open by December 2024 (THERE ARE NO SPECIAL ASSESSMENTS!!) New pool heater, roof and HVAC are updated. Furnishings are high quality and professionally staged. Bring your clubs and adult beverages and make the most of your time
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017