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1857 Boardwalk Drive
About This Property
Perched right on the #5 fairway of the Baytowne Golf Course, this isn't just a house; it's a front-row seat to spectacular sunsets and local fireworks displays from your own private patio and balcony. The main floor is a host's dream, featuring an open-concept living and dining space anchored by a chef's kitchen and a dedicated coffee bar for those early tee times.
Need space for everyone else? Head upstairs to find a second living area and a second primary suite, plus two additional bedrooms with their own en-suite baths. Whether you're looking for a full-time residence or a HIGH POTENTIAL RENTAL, this place is ready to go. It comes fully furnished and--because we know how you want to roll--it includes TWO GOLF CARTS to get you to the beach or the club in style.
With a fresh PRICE DROP making the deal even sweeter, there's never been a better time to trade your lawnmower for a putter. Come see why life is better on the green.
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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