109 GEORGIA AVENUE
About This Property
The first floor features an inviting open-concept layout with abundant natural light, a cozy fireplace, a spacious primary suite with a private ensuite bath, and a convenient laundry room. Upstairs, you'll find two generously sized bedrooms and a shared full bathroom with a tub/shower combination, providing plenty of space for family and guests.
Enjoy morning coffee, evening sunsets, and refreshing coastal breezes from two expansive decks overlooking the surrounding natural beauty.
Additional highlights include a new outdoor shower, perfect for rinsing off after a day at the beach. Whether you're searching for a year-round residence, vacation getaway, or investment opportunity, this exceptional coastal property offers the best of Broadkill Beach living.
Please note showings are limited as this home is an active rental, there is a small showing window on July 3rd at noon to July 4th at 1pm. After that, it will be unavailable for two weeks. If you're interested, plan your visit during this window so you don't miss the opportunity.
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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