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9046 Bari Lane
About This Property
Highlights include two Carrier air conditioning units installed in July 2021, a generator for peace of mind, and an extra-large master bedroom suite complete with an office, two walk-in closets, and a luxurious master bath with a huge shower and soaking tub.
Located within walking distance is the prestigious Ponte Vecchio clubhouse, offering a wealth of amenities including pickleball, tennis, bocce, a fitness center, pool, speaker's series, entertainment, and more. HOA fees cover exterior house painting, as well as power-washing of the driveway and roof, with no equity fees required.
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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 Tuscany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017