13 Gustaf Drive
About This Property
Outdoors, the fully fenced yard creates a private setting for entertaining, relaxing, or accommodating small pets. The corner lot placement enhances space and light while reinforcing the home's presence in the neighborhood. Just two blocks away, Bay Park provides waterfront access and a boat launch, extending the lifestyle beyond the property lines and into the surrounding natural amenities.
Harstvedt Plantation is known for its quiet, family-oriented atmosphere and its proximity to parks, schools, and everyday conveniences. Residents enjoy a tucked-away feel while remaining close to Gulf Place dining, shopping, and beach access, as well as nearby green spaces and water activities. The community appeals to those seeking room to spread out, a sense of neighborhood calm, and easy access to both the bay and the coast without the pace of a resort setting.
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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