877 PALERMO Road
About This Property
This neighborhood is extremely convenient to get to anywhere. We are only about one mile from Beach Blvd., but you would never know. You can't hear it. We are very very close to a boat launch if you want to get into the Big Pottsburg. NICE ! About 10 miles to downtown. About 2 miles from Atlantic Blvd. About 10 miles from the ocean. NICE ! Very very quiet neighborhood. All updates done by licensed contractors, with permits !
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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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About Greater Arlington
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$1,775 /mo
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$1,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017