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1867 Long Beach Drive
About This Property
Take in breathtaking sunrise and sunset views from the property, where the garden boasts Caloosa trees and a variety of tropical plants. Inside, the split-bedroom floor plan features three bedrooms and two bathrooms, with porcelain tile flowing throughout for a clean, modern feel. The oversized master suite is a private retreat, large enough for a king-size bed and showcasing two custom walk-in closets, dual vanity sinks, a luxurious soaking tub, and a tub/shower combination accented by decorative Turkish tile. High ceilings, ceiling fans in every room, and a stunning chandelier in the living room enhance the home's open, airy feel.
The kitchen is designed for both function and style, with granite countertops, a breakfast bar, and an Osmosis water filtration system. A separate laundry room, full gutter and downspout system, and on-demand Rheem water heater add everyday convenience. Fishermen will appreciate the bonus kitchen in the two-car garage - perfect for cleaning your catch without bringing the mess inside. Step outside to a gardener's paradise, where an irrigation system nurtures aloe, pineapples, mangoes, bananas, butterfly plants, and other exotic varieties. This is more than a home, it's a private sanctuary where solitude, beauty, and modern upgrades come together at the best price in the area. Your Florida oasis awaits. (One or more photo(s) has been virtually staged, AI generated or rendered)
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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 Joel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017