2 Mindoro Street
About This Property
Gracious Residence Nestles on this Waterfront Lot in the Archipelago in South Sewall's Point * Vistas of the Bay are Captured from Living Spaces * Formal Dining Room Overlooks Pool Area and Bay * Gathering Room Offers Sitting Space and Corner "Nook" Office Area * Kitchen is Such an Easy Space for Entertaining * Living Room Graced with Fireplace and Audio / Visual Space * Primary Bedroom Offers Seating Area Overlooking Bay * Outdoor shower * Two En-Suite Guest Bedrooms Placed Privately from Main Living Area * Side Entry Garage Encompasses Lots of Storage Space and Direct Access to Utility / Laundry Room *
The Archipelago is a private, 37-home community located in idyllic Sewall's Point. Sewall's Point boasts it's own police department and waterfront park/play ground.
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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%.
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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.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017