121 Revana Way
About This Property
Step outside to the true showpiece: an expansive private oasis anchored by an approximately $200,000 custom outdoor living environment. This fully screened lanai rivals a five-star resort, featuring a sparkling heated saltwater gunite pool, a dedicated fireplace, and a fully equipped summer kitchen designed for unforgettable gatherings.
Beyond the designer aesthetics lie rare, substantial capital investments that set this property apart: a 24kW whole-home generator, a fully conditioned garage, and enhanced mechanical systems. Why endure months of costly construction when the ultimate indoor-outdoor lifestyle is already complete? Offering peace of mind, resort-caliber entertaining, and access to Hammock Bay's premier amenities, 121 Revana Way is an exceptional, move-in-ready sanctuary.
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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