1433 Sun Marsh Drive
About This Property
There is also a quiet close garage w/2 remotes and an AC system that is 2 years new.
The home has been freshly painted thru out w/neutral colors, but if you prefer to choose your own colors, the Seller is offering a $2,000 decorator allowance!
The split floor plan w/Master on one side & 3 bedrooms on the other w/ a Jack&Jill bath is perfect for the busy household or guests. The Master Suite w/ 2 walk in closets, garden tub, separate shower & privacy commode are well planned out.
This home has an open concept design w/the kitchen opening up to the family room which hosts a brick, wood burning fireplace for those chilly nights. During warmer weather you can enjoy the tranquility of sitting on the covered lanai while enjoying the shade & coastal breezes. What more could you ask for?
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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