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About This Property
MASTER BATHROOM WAS PROFESSIONALLY RENOVATED LAST YEAR & FEELS LIKE A SPA. IT FEATURES DUEL SINKS, A FRAMELESS GLASS SHOWER WITH CUSTOM BENCH, & AN OVERSIZED SOAKING TUB.
UPGRADES INCLUDE A BRAND NEW ROOF INSTALLED MARCH 2015, WHICH INCLUDES A 10 YEAR WARRANTY. NEW A/C FULL UNIT INSTALLED 2.5 YEARS AGO, UPDATED WASHER & DRYER. THIS HOME IS IMMACULATE, GREAT CURB APPEAL!
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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 West Boca Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017