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9852 Tallyrand Drive
About This Property
WITH WALLDOWN. ACCORDIAN SHUTTERS THRUOUT. CERAMIC TILE IN COMMON AREAS AND UPGRADED WOOD DESIGN LAMINATE IN MASTER AND # 2 BEDROOM, UPGRADED LIGHTED FANS IN 3 BEDROOMS, GREATROOM AND PATIO. DECORATOR WINDOW TREATMENTS. DUAL SINKS AND VANITY IN LARGE BATHROOM WITH OVERSIZED SHOWER. EXPANDED EXTENDED SREEENED PATIO. LARGE OPEN GOURMET KITCHEN WITH UPGRADED CABINETS AND QUARTZITE COUNTERS. NEWER UPGRADED APPLIANCES AND SINK IN LAUNDRY ROOM. HIGH HATS THRUOUT WITH ALL FITTED CALIFORNIA CLOSETS. TASTEFUL BUILTIN OFFICE IN DEN/BEDROOM. VALENCIA SHORES IS A VERY ACTIVE 55+ COMMUNITY. LARGE UPGRADED CAFE. PICKKLEBALL, TENNIS, BOCCEBALL AND MORE. MANAGER AND SOCIAL DIRECTOR ON SITE.
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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%.
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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 Valencia Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017