1020 SEA FOREST LN Lane
About This Property
Experience resort-style living with a saltwater, zero-entry pool enveloped by a covered patio, seamlessly connecting the main house and guest house. The main dwelling, a 3-bedroom, 2.5-bathroom haven, showcases an open-concept layout ideal for hosting gatherings. The master suite, conveniently located on the ground floor, boasts private access to the patio and pool area, along with a spa-like ensuite featuring a double vanity, spacious shower, and garden tub. Beyond the interior, this property caters to outdoor living, with a two-car garage for storage, a Culligan water softener, and convenient outdoor amenities including a grill, refrigerator, and mature palm trees. Relax on the expansive front porch, or revel in the privacy afforded by the property's backing onto a nature preserve.
Experience the epitome of coastal living in this thoughtfully crafted home, where modern comforts harmonize with natural beauty.
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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