9431 Calliandra Drive
About This Property
Home has 20" Porcelian, Neutral, Diagonally Installed Tile Throughout the Living Areas. Built-in Wall Unit (Can easily be removed). Professionally Remodeled Kitchen and Baths. Built-in Custom Seating in Kitchen for eat-in Kitchen Dining. Patio has a Snack Bar with a Pass-Through Sliding Window to the Kitchen. Additional Fenced Paverd Patio Off Main Pool Patio. Master Bedroom has its Own Private Pavered Patio. Three Exterior Patios in total. Pool has Protective Child Fence. Double Garage Doors.
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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 Cypress Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017