11 Coquina Lake WAY
About This Property
Enjoy energy efficiency and protection from the elements in this well-maintained ICI home. Demilic spray foam insulation with R20 value in the attic. Hurricane windows throughout with additional Weather Guard thumb key lock hurricane shutters on windows and doors. Extra deep 28ft garage, hurricane garage door with full size heat reducing UV ray Lifestyle screen and electrical transfer switch installed. Complete HVAC replacement with pressure equalizing system in 2020. Gutters resealed in 2020 with Pop-Up downspout drains in the back of home. 4-point inspection on roof completed in April 2023. Refrigerator 2022, Washer/Dryer 2019.
Community amenities include clubhouse, community pool, tennis courts, pickle ball courts, basketball courts & playground. All dimensions are approximate buyer to verify.
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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