18 HOMELAND RD
About This Property
Gather friends and family in the inviting living room, warmed by the ambiance of another pellet stove. The adjacent dining area, just off the living room, creates a seamless flow for entertaining or casual meals with family.
Step downstairs to discover a world of possibilities. The large workroom is ideal for hobbies or projects, and the additional flex room provides even more options. The dedicated workspace keeps you organized and productive, while the versatile flex room serves perfectly as a home office or additional living area.
Never worry about losing power – a whole house generator ensures year-round comfort.
Outdoor entertaining is a breeze with two expansive decks, perfect for barbecues, gatherings, or simply soaking up the sunshine. The large, level lot offers a serene escape, and the fenced- in backyard adds privacy. There is a 10 x 16 vinyl shed for storing all your outdoor gear.
Top it all off with a convenient six-car driveway.
Upgrades include: Roof (2020), Vinyl Fence (2019), Hardwoods Refinished (2018), Shed (2017), Electrical (2015)
The home is located just one blocks from the water. Sunset Beach is a water privilege community with a boat ramp, dock, beach and more!
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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.
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About Riviera Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017