18545 BITTERN AVENUE
About This Property
The layout is one of the most functional you'll find, with formal living and dining rooms up front, an enclosed home office with plantation shutters, and an open-concept kitchen and family room that overlook the serene backyard. The kitchen features a center island, breakfast nook, and easy access to the screened-in patio-perfect for outdoor entertaining. The spacious primary suite includes dual closets (one with a custom California Closet system), a soaking tub, and a walk-in shower. Three additional bedrooms and two full baths are tucked on the other side of the home for ideal separation.
You'll also love the 3-car garage, low HOA, no CDD, and proximity to top-rated schools (Schwarzkopf, Martinez, and Steinbrenner). Just minutes from the Veterans Expressway, shops, restaurants, and parks-this is a rare chance to own one of the best lots in Calusa Trace. Don't miss it!
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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