11386 Bay Hills Drive
About This Property
Stunning all-brick home offering 3,278 sq. ft. of updated living space on a desirable corner lot overlooking the golf course at HTCC. The updated kitchen is the heart of the home, featuring modern finishes and ample space for entertaining. The walk-out basement leads to your own backyard retreat complete with a resort-style pool, heating and cooling system for extended seasonal enjoyment, spacious concrete patio, pergola, and pool house with a basement for additional storage. The perfectly landscaped yard provides exceptional curb appeal and a picturesque setting. A rare opportunity to enjoy luxury, comfort, and golf course views all in one remarkable property.
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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