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9066 Parragon Way Way
About This Property
The home features impact windows, impact-rated front entry and garage doors, and accordion shutters on sliders, providing peace of mind and energy efficiency. A newer 2015 roof adds significant value.
Inside, enjoy a bright, open layout with vaulted ceilings, a split-bedroom floor plan, and laminate flooring throughout the main living areas and two bedrooms, with tile in the kitchen and bathrooms. The updated kitchen offers granite countertops, newer faucet, ample cabinetry, and a full appliance package.
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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 Tartan Lakes
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$10,000 /mo
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$4,000 /mo
- 1 Bed
- 2 Baths
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017