949 MASTLINE DR
About This Property
Upon entering, you'll be greeted by the grandeur of vaulted ceilings, creating an open and airy feel throughout this light-filled home. The open floor plan and gleaming hardwoods seamlessly connect the living room, dining area and den - making it perfect for both relaxing and entertaining.
Noteworthy features include a stone exterior, new carpeting, gas heat, replacement of all polybutylene pipes - inside and out, a new hot water heater and a HVAC system that is still under warranty.
In addition to all these pluses, residents of the community have access to fabulous amenities. Enjoy tennis, golf, indoor/outdoor pools, classes galore and much much more! Welcome Home!
*All new buyers pay a $2,075 Recreation Fee to Heritage Harbour at closing.*
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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