11209 SPRING STREET
About This Property
Host unforgettable gatherings at your private cabana, featuring a built-in bar and integrated sound system. As night falls, gather around the firepit with friends and family, sharing laughter and stories beneath the Florida sky. Adding to the sense of peace and seclusion, this property overlooks a serene horse pasture, providing picturesque views and a tranquil ambiance that feels worlds away from the everyday. This is more than a residence-it's a lifestyle. From the gentle sea breeze through the palms to the warm glow of the firepit, every detail has been designed for comfort, beauty and connection. Enjoy the convenience of beachside living with the rare luxury of space and privacy. Don't miss this once-in-a-lifetime opportunity to own a piece of paradise. Schedule your private showing today and fall in love with your forever home! This is truly Florida living at its finest!
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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