1105 Mohawk Street
About This Property
**OCEAN ACCESS**SINGLE FAMILY HOME WITH A PRIVATE BOAT DOCK & SWIMMING POOL!
The lot extends to a little over 8,500 sq feet providing space for additions. CBS construction and NO HOA fees add to the appeal of this little gem. The single level home provides an open plan living area and kitchen/diner, laundry room with half bath. 3 bedrooms and a shower room. Many of the windows are impact and the driveway provides parking for a number of vehicles. Gates from the driveway open to the side yard.
Your boat size will be restricted by the creek depth and having to pass under bridges at Indiantown Rd & Center Street. Clearance can be as low as 5 feet at high tide. The size of your boat will be restricted by having to pass under low bridges at Indiantown Rd and Center Street where at high tide clearance will be as low as 5 feet.
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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