9664 Positano Way
About This Property
OPEN PLAN WITH KITCHEN BREAKFAST AREA LIVING ROOM AND FORMAL DINING ROOM OVERLOOKING LARGE LAKE 2 GLASS SLIDING DOORS LEAD TO COVERED PATIO AND WATER VIEW
MILLION DOLLAR CLUBHOUSE HAS INDOOR AND OUTDOOR POOLS OFFERING WATER AEROBICS LARGE GYM SPA OFFERING MASSAGE AND PHYSIOTHERAPY TENNIS PICKLE BALL THEATER FEATURING INTERNATIONAL SHOWS AND MOVIES CARD ROOMS MANNED GATED 24 HOUR PATROL LIBRARY DELI ART ROOM MAINTENANCE INCLUDES POWER WASHING ROOF EXTERIOR PAINT & LANDSCAPE NEAR AIRPORTS SHOPS
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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