117 BONITA Road
About This Property
Come inside to check out the intelligent design which handily combines an open plan with distinct areas. A wide foyer leads to large dining room up front, short hall to the kitchen and directly into the generous gathering room where a fireplace waits for cool evenings. A vaulted ceiling adds volume to the space and from here it's a straight shot out to a newly poured patio Kitchen is tucked out of sight from the entrance so you can cook with abandon, still be connected with the casual dining area and not miss a thing on the flat screen over the hearth. An abundance of counters and cabinets means room for two or more to work together with everything within easy reach and a breakfast bar adds additional seating for any culinary consultants. Double pantry is between kitchen and garage En-suite, the primary bedroom is off the kitchen. Overlooking the fenced backyard, this peaceful corner makes for a restful retreat at day's end. Recently renovated, the bathroom is a dream. Double vanities set in a marble counter, a huge tiled shower with a corner bench plus a linen closet complete the bathroom. The other bedrooms and bath are off the living room and you can close off this wing with double pocket doors. Large front bedroom has a three-window alcove, great wall space for furniture placement options and a double closet. 3rd bedroom is also bigger than your typical guest room and has a view of the back yard. Hall bath has tub/shower and extra long vanity with lots of storage. Not your typical home - come check it out and call the movers. We think you're going to like it here!
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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 St. Augustine South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017