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10 Tarpon Isle
About This Property
1 Year Warranty from Developer. Masterfully configured w/11 BRs & 15.7 BAs, highlighting a waterside office w/premium built-ins & bar; an entertainment room w/a fireplace & billiards table; 5+-car air conditioned garage w/2 Tesla chargers. Rejuvenate in the wellness wing's massage room, hair & nail salon, steam room & sauna, & spacious home gym w/designated weight training & cardio spaces overlooking the water. Additional features include a viewing platform, wine room, elevator, security system, generator, large playroom with beverage station & much more!
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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 El Bravo Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017