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1851 Timbers West Boulevard
About This Property
Inside, you'll find 5 bedrooms and 4 full baths, allowing 4 of the bedrooms their own bathrooms and the 5th room ideal for an office, play room or nursery. This 2005 custom-built home boasts a 3-car garage, a new roof, whole-house generator, electric hurricane shutters, and a walk-in closet built as a concrete safe room for ultimate peace of mind.
The spacious kitchen with a large island overlooks the screened pool and spa through wide sliders, creating an ideal indoor-outdoor living flow. The screened pool and spa, complete with a gas heater, in-ground cleaning system, and both saltwater and chlorine options is designed for year-round enjoyment. The grounds are equally impressive, with two serene ponds, an artisan well, and lush manicured landscaping. There's ample space for gardening, RV/boat storage, and all your outdoor toys. The back half of the property remains in its natural state, offering unmatched privacy and featuring a 12x16 shed with electric.
This rare property combines seclusion, convenience, and timeless charm, all just minutes from Viera, I-95, shopping, restaurants and the beaches.
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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