1155 Hamilton Street
About This Property
Discover the essence of Olde Florida living in this truly one-of-a-kind water front island retreat. Set on nearly half an acre of lush, fenced land, this unique property is the only one on the island with its own private boat basin-a true haven for those who love the water and nature.
Wake up to the call of shorebirds and end your days with breathtaking sunsets over the untouched beauty of Chokoloskee Bay. This beautifully restored Olde Cracker home offers a front-row seat to nature's wonders, with sweeping water views from the open-concept family room and kitchen.
This beautifully renovated Olde Cracker-style home has been thoughtfully restored using only top-of-the-line materials and finishes.
Features include:
Original Dade County Pine and Cypress pilings
Andersen hurricane-rated and PVG windows
New electric, PEX plumbing, and PVC drains
Foam insulation with pest-resistant treatment
7mm luxury vinyl plank flooring
Stainless steel appliances
fenced
fruit trees
The elevation of this home is high, and importantly, it did not flood during Hurricanes Irma or Ian. With countless upgrades and unmatched charm, this is more than a home-it's a sanctuary of timeless Florida beauty.
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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