1421 N Central AVENUE
About This Property
Enjoy your second-level living room & kitchen, with an open floor plan that looks out over a covered deck. With incredible Intracoastal views and sunsets, your wraparound porch with ocean views can be enjoyed in all seasons!
In your kitchen, you'll find white cabinets, quartz counters, shiplap, and a gas fireplace. A Joanna Gaines beach-side dream!
The large primary bedroom has ocean views & a fully upgraded en suite, with large walk-in closets. The third floor has two bedrooms and a full bath, along with a perfect room for a library or playroom.
The first level boasts two large bedrooms with patio walkouts, perfect for bedrooms or an office. Convert into a mother-in-law suite if needed, with a full bathroom and access to a back patio. Or just a perfect separate place for guests!
An outdoor shower, three new 2024 A/C's, and easy beach access complete this dreamy home! 2019 Tile Roof.
Nestled in the picturesque Rio Mar subdivision, this home offers a low-maintenance lifestyle with affordable HOA fees that include lawn mowing and exclusive access to a beautiful community pool!
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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