109 Kaiya Avenue Avenue
About This Property
The main level also hosts a private guest suite and media room, while upstairs, the primary suite claims its own wing. Here, a spa-like bath features double floating vanities, soaking tub, and walk-in shower. A secluded courtyard creates a retreat directly off the master, while a custom dressing roomoutfitted with refrigeration drawersadds rare convenience. Two additional guest suites and a bunk room extend across the rooftop terrace, where a private outdoor patio is enhanced by two more refrigerated drawers and an ice maker, creating a full-service experience for family and guests.
Set between Alys Beach and the best of 30A's dining and shopping, Kaiya Beach Resort offers private beach access, a members-only beach club, and full-service concierge. This is where architecture, amenities, and lifestyle converge into an extraordinary coastal experience.
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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%.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017