114 PENINSULA WINDS DRIVE
About This Property
Bright natural sunlight fills the main living areas, highlighting the warmth of the wood flooring and the spacious, open feel created by the soaring 12' ceilings as you enter.
With 3 bedrooms and 2 full bathrooms inside the home, the layout provides plenty of room to spread out, including a generous primary suite complete with a large walk-in closet. An additional half bath is conveniently located in the garage - great for beach days, yardwork, or projects.
The oversized 2-car garage features a lifetime screen system, allowing a refreshing breeze to flow through the home while keeping things bug-free. A fully enclosed Florida room extends your living space and offers the ideal spot to enjoy the outdoors year-round.
Additional peace of mind comes from the home's solid concrete block construction, hurricane shutters, and major upgrades already completed - a 3-ton A/C (2019), roof (2016), and a 50-gallon water heater (2016). The private backyard is partially fenced with clean, white vinyl installed in 2022.
Built in 2000 and move-in ready, this coastal home is a rare opportunity to enjoy sunshine, coastal breezes, and a truly unbeatable location. Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
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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 Peninsula Winds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017