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105 OPAL HILL CIRCLE
About This Property
Built for comfort and peace of mind, the home includes Simonton double-hung, double-pane Low-E argon windows, a 12' x 8' PGT sliding glass door, 6' x 8' PGT French doors, a hurricane-rated front door with sidelight, R-30 attic insulation, including over the garage, and a whole-house 1-micron carbon block water filtration system.
The oversized garage is ideal for hobbyists and storage, featuring an 11-foot workbench with a heavy-duty vise, utility sink, wall cabinetry, insulated garage doors, overhead storage, and a durable polyaspartic-coated floor.
Outside, professionally landscaped grounds, a spacious paver patio, welcoming paver front porch, gutter guards, and French drains complete the exterior. The spectacular panoramic view overlooking the first hole of the Jones Course provides an unforgettable backdrop and a lifestyle that is truly second to none.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017