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9581 Cobblestone Creek Drive
About This Property
Upstairs, enjoy a versatile loft, generously sized secondary bedrooms, and a luxurious primary suite complete with a walk-in closet and a spa-inspired bath featuring an oversized walk-in shower. The private backyard offers plenty of space to add a pool and create your own outdoor oasis. Cobblestone Creek residents enjoy resort-style amenities, including a pool, fitness center, clubhouse, and 24-hour security. Conveniently located near A-rated Sunset Palms Elementary and close to top shopping, dining, and beaches!
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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 Countryside Meadows
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017