1611 CHESAPEAKE LN
About This Property
As you step inside, you'll be greeted by stunning hardwood floors that flow throughout the open-concept living space, perfect for entertaining friends and family. The modern drop-down kitchen makes cooking a joy, while the abundant natural light creates a warm, inviting atmosphere.
The property boasts a beautiful yard, ideal for outdoor activities or simply relaxing in nature. You'll also find a detached garage and a shed, providing ample storage for all your needs. Boat ramp and boat slips are just steps away.
Don't miss this fantastic opportunity to own a slice of paradise in Cloverlea, Beverly Beach. Schedule your showing today and experience this charming cottage for yourself!
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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