11 SCHOONER CIRCLE
About This Property
One of the lots features a 48-foot floating dock that can accommodate a boat up to 53 feet, leaving the second lot's dock space untouched and ready for future expansion or additional watercraft. This is a rare find for boating enthusiasts seeking both space and direct marina access.
As a resident, you'll have the option to purchase a Hammock Beach Club membership, granting access to world-class amenities including golf, tennis, beach access, boating, a social club, and more.
Whether you envision a luxurious private estate or a coastal retreat, these lots offer the perfect setting in a prestigious location.
Don't miss this exclusive opportunity-contact us today to schedule your personal tour!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017