160 HIGH POINT DRIVE
About This Property
This pool home features 4 bedrooms and 3 bathrooms, including two master ensuite bedrooms and 2 more bedrooms and a third full bathroom and pool. The open floor plan boasts a spacious living room and a separate dining area. It is ideal for family gatherings and entertaining. The spacious kitchen offers plenty of storage and cooking space and flows seamlessly into the living and dining areas. Enjoy the inviting pool which has a gas heater that was replaced 3 years ago. The roof was replaced in 2025. All other equipment is working good and well maintained by the owner. The house has 6 working video cameras as it was used as a STR home. The cameras are accessed through the internet as is the main door and the AC. With its great location, this home offers everything you need for comfortable living. The community does allow short-term rentals which opens this property up to lots of options. It is conveniently located close to major highways, a hospital, a variety of restaurants and it has a brand new Publix opened up at the corner in front of it on 27. Don't forget that Posner park is just down the road with all kinds of shopping and eateries. You wont want to miss this incredible opportunity to own your own piece of Florida.
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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