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1118 Sioux Drive
About This Property
Don't miss this beach side beauty. Less than a mile to the beach! Relax at your own tropical resort in this Indian Harbour Beach pool home. PVC plumbing, metal roof Oct 2021.
Open the sliding doors to the expansive screened back porch with bar & tropical backyard or relax inside by the wood burning fireplace.
The house sits on a quiet street and there is plenty of room to park your boat or RV on the 1260 sq patio. The garage opens to the back side of the property, which makes it the perfect workshop.
A brand new metal roof and an open concept desirable floor plan. flows into the kitchen.'||chr(10)||'Modern lights throughout. New floors and paint. Sparkling blue pool, big fenced yard and a brand new metal roof. Recently redesigned backyard. Palm trees, banana trees and pineapple plants. This tropical paradise can be yours soon!'||chr(10)||'Highly Desirable Neighborhood in walking distance to Gleason park, restaurants and the beach. new metal roof'||chr(10)||'plumbing PVC'||chr(10)||'
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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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About Indian Harbour Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017