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103 St Simon Circle
About This Property
Step outside to your own private resort-style retreat! The fenced in backyard features a heated saltwater pool paired with a waterfall spa. A fire pit lounge with comfortable seating invites late-night conversations, while the gas grill and outdoor dining area make it easy to enjoy meals in the open air. Framed by palm trees and lush landscaping, the space offers a peaceful, tropical backdrop perfect for both lively gatherings and quiet afternoons by the water.
On the second floor, two queen bedrooms and a custom-designed bunk room (with pacman machine) are well-suited for families or groups. The laundry is conveniently located near all of the bedrooms. Home comes with a tankless gas Ranai for unlimited hot water for large groups.
On the third floor, there are two spacious king suites which include private ensuite bathrooms and covered porches. The main master bath features a clean, modern design with high-end finishes throughout. A freestanding soaking tub is positioned beneath two windows, bringing in natural light and offering a relaxing place to unwind. Next to it, a frameless glass walk-in shower includes marble-look porcelain tile, a built-in niche for storage, and a mosaic accent wall for added detail. The bathroom also offers separate his and her sinks with quartz countertops.
103 Saint Simon is the perfect second home for families with great rental numbers and projections. Schedule your showing today!
**Furnishings may have a few slight differences than the photos (I.e. bed coverings, etc) **
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017