19 PORT ROYAL RD
About This Property
This delightful cottage boasts 4 bedrooms and 2 baths, providing ample space for family and guests. The fourth bedroom offers flexibility, with French doors leading to the enclosed porch, making it an ideal bonus room or office with a serene view.
The location of this home couldn't be more perfect, offering easy access to area restaurants, where you can indulge in fresh seafood and coastal cuisine.
Residents of the Cottages on Whites Creek enjoy access to a community pool for refreshing dips on warm days, as well as a boat ramp for endless water adventures. Whether you're seeking a peaceful retreat or an active coastal lifestyle, this property offers the best of both worlds. Don't miss your opportunity to call this charming cottage home and experience the beauty of coastal living.
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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