1858 VAMO DRIVE
About This Property
This light-filled residence features a spacious open floor plan with tile flooring in the main living areas and warm wood flooring in the bedrooms. The kitchen, dining, and living areas flow seamlessly, creating an inviting layout ideal for both everyday living and entertaining. Large windows and sliding glass doors provide abundant natural light throughout.
In addition to the main living spaces, the home includes a versatile den/office/library, easily adaptable as a guest room or additional bedroom, offering flexibility to suit a variety of lifestyle needs.
Recent updates include a new roof (2024), new hot water heater (2024), and new appliances, providing peace of mind for years to come. The primary suite is generously sized and features an ensuite bath with dual sinks and a walk-in shower. A well-appointed guest bedroom and full guest bath are thoughtfully positioned for privacy. A dedicated laundry room with storage adds everyday convenience.
Step outside to enjoy the Florida lifestyle with a screened lanai overlooking a lush, private, fully fenced backyard surrounded by mature tropical landscaping. The outdoor space also features a spa/hot tub area, perfect for relaxing or entertaining year-round.
Additional highlights include an attached garage, wide driveway, and no HOA or deed restrictions, offering flexibility rarely found in such a prime location.
Whether you're seeking a primary residence, second home, or investment opportunity, this fully furnished, move-in-ready home delivers location, comfort, and value. Schedule your private showing today.
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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