940 SW Tamarrow Place
About This Property
Step inside to find modern upgrades throughout, including a beautifully renovated kitchen, bathrooms, and laundry room, all completed within the last few years. Additional highlights include a newer A/C (2022), brand-new water heater, and hurricane protection with shutters for every window-plus impact-rated windows and doors at the rear of the home for extra peace of mind.
Ideal for commuters, with quick access to the highway and conveniently located near shopping, grocery stores, and great local restaurants.
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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