12 SCHOONER CIRCLE
About This Property
Seize this unique saltwater canal homesite in the exclusive Yacht Harbor marina community, offering water on two sides for unparalleled views and design possibilities. Enjoy direct Intracoastal Waterway access in minutes, making this the ultimate location for boaters and water enthusiasts. Boat and fish from your own backyard!
No time frame to build, giving you the flexibility to create your ideal coastal retreat.
You can elevate your lifestyle with a Hammock Beach Membership, granting exclusive access to two championship golf courses, private beach club, multiple pools, lazy river, waterslides, world-class spa, fine dining, and a state-of-the-art fitness center. Play on Har-Tru tennis courts and pickleball courts while enjoying the best of resort-style living. Don't own a boat? Freedom Boat Club is in Yacht Harbor Marina!
Live the Hammock Life-where luxury meets the water!
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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