12940 115th STREET
About This Property
The brand-new vinyl fence and pristine turf, combined with the magnificent screened-in pool, create a private oasis that is perfect for basking in the warm Floridian sun.
Inside, the ideal split plan layout boasts three bedrooms and two bathrooms. The entire home centers around the inviting kitchen, complete with a storage system and convenient pass-through window outside, perfect for hosting intimate gatherings or large family meals.
The dining area, positioned off the kitchen, offers seamless access to the outside, allowing for effortless al fresco dining and entertaining. The master bedroom, featuring an en-suite bathroom, is your private retreat.
Additional features include a practical interior utility room and a spacious 2-car garage, offering effortless convenience and functionality. This exceptional property is located in close proximity to all of life's essentials, including shopping centers, world-class restaurants, community parks, and the most iconic and coveted beaches the world has to offer.
This wonderful property offers the ultimate in comfort and convenience- schedule a showing today and step into the home of your dreams!
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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