9506 Aegean Drive
About This Property
Your gonna love living in this updated 3/2 Single Family Home. The home is located within walking distance Brendy's Ice Cream parlor and Doris's Italian Market to name a few. This home features a kitchen with a reverse osmosis water filtration system, stainless steel appliances, wood cabinets with plenty of space, granite counter tops, glass tile back splash, tile floors. The living and dining rooms all have wood like flooring. The garage has a separate A/C installed for those that are interested in a Man Cave. Can't be shown until October 15th.
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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 Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017