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202 Bunker Lane
About This Property
A split floor plan, highlighted by hardwood, carpet, and both sandstone and quartzite flooring allowing for maximum privacy with two ample sized bedrooms and a full bathroom with double vanities just off the living room. An additional bedroom or office is just off the foyer as is another full bathroom with shower enclosure. The spacious master bedroom suite is located on the opposite side of the home and features his/hers closets and private access to the backyard hot tub area. The master bathroom boasts double vanities, garden spa tub with a large custom etched window allowing natural light in, a separate glass shower and an additional dressing/makeup area.
Walking out the back door onto the covered patio, you're greeted by a breathtaking view of a beautiful saltwater pool, relaxing hot tub, beautifully landscaped backyard, and the only Nicklaus Design golf course in NW Florida. Enjoy relaxing on the back patio, taking advantage of the custom retractable sunshades, offering shade at any time of day.
Bay Point is a gated community that offers golfing, tennis, restaurants, marina and 24-hour roaming security. Bay Point is also conveniently located near private marinas, golf courses and amazing award-winning restaurants.
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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