1260 Singer Drive
About This Property
High end upgrades throughout this contemporary home include 13' vaulted ceilings in the great room, and 10' throughout. 420 sq/ft under truss pavered pool and sitting area with four sets of French doors to give plenty of outdoor access.
Open concept with a contemporary gourmet kitchen. Top of the line GE Monogram appliances include built-in fridge & dishwasher and 4 burner gas stove w/griddle and quaint breakfast island seating for two.
Huge master bathroom with free-standing tub, quartz vanities, & enormous walk in shower. Walk in closets in all 3 BR.
Custom design packs a lot in this 2000+ sq/ft 3 bed 2 1/2 bath home and just steps from the beautiful Singer Island Beaches.
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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 Yacht Harbor Manor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017