112 W Kingston Road
About This Property
The second level features custom wood floors and abundant casement windows to view the beautiful grounds below. The master suite includes a large bedroom, oversized master bath with hand-made tile and his/her shower, three walk-in closets and an outdoor porch with a remote-operated screen. Also on the second level are two guest bedrooms with a large bath and walk-in closets, adjoining media room and huge laundry room. The Carriage House, with a two-car garage, features a first-floor pool bath, outdoor shower and upstairs guest suite with large bedroom/sitting area, bunkroom and bath.
Outdoors is an oasis where rambling paths and a babbling brook welcome a stroll through the quarter-acre yard, featuring a large swimming pool and custom playhouse.
This beautiful home is located on the park side of Rosemary Beach, just a short stroll to the Owners Pool & Pavilion, the Town Center and multiple beach accesses, yet far enough away for quiet enjoyment in your own private resort villa.
The amenities of Rosemary Beach include a vibrant Town Center with shops, restaurants, post office and Town Hall as well as Parks and 5 heatable Pools, one of which is an indoor pool with a retractable roof and the recent addition of the Private Owners Pool & Pavilion and the signature 9 Boardwalks that meander through the Town and all lead to a half mile of sugar white sandy Beach!
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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