1414 Barbados Drive
About This Property
The spacious layout offers 2 bedrooms, 2 bathrooms, and a versatile den/office. The secondary bedroom is located near the front of the home and features a walk-in closet, with an adjacent bathroom offering a walk-in shower, an ideal setup for guests. Across the entry, the den provides a flexible space for a home office, sitting area, or additional living space.
The family room features a fireplace and ceiling fan and flows seamlessly into the kitchen, where granite countertops, abundant cabinetry, a center island, and a pantry provide both style and functionality. The private primary suite is thoughtfully positioned on the opposite side of the home and features dual mirrored-door closets, a ceiling fan, and direct access to the backyard. The primary bathroom includes dual sinks, a dedicated vanity area, walk-in shower, and separate soaking tub.
Additional highlights include an individual laundry room with sink and extensive storage, a two-car garage with ample storage and a workbench, and a low-maintenance backyard designed for relaxing and entertaining. Enjoy the covered patio, built-in BBQ, and turf landscaping, creating an inviting outdoor retreat with minimal upkeep. With its desirable location, functional floor plan, and a private courtyard entry, this Whispering Palms home offers comfortable and convenient 55+ living. The HOA also covers the water bill for the home.
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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