1368 WHISPERING PINES DRIVE
About This Property
The heart of the home is a sleek, modern kitchen complemented by tastefully updated bathrooms. Step outside to your private backyard oasis featuring a massive, covered patio overlooking a stunning heated, saltwater inground pool with a sun shelf and spa, perfect for entertaining or relaxing in style.
Additional highlights include:
• Whole-home water softener and purification system
• Freshly painted inside and out in the last several years
• Newer roof (2017)
• HVAC system (2024)
• New electrical panel (2020)
• Water heater (2021)
• Blown insulation (2017)
• High and dry – non-flood zone
• Low optional HOA with no deed restrictions
All this in a prime location just a short drive from world-renowned beaches, top-rated schools, shopping, and dining. Plus, enjoy access to the Morning Side Meadows Recreation Center in the neighborhood, which offers a fitness facility, basketball and tennis courts, and a large community pool with a kiddie area-perfect for active lifestyles and family fun.
Don't miss your chance to own this incredible property!
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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