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208 Andros Harbour Place
About This Property
-Crown molding in living room, kitchen, hall, master bed room, nursery, spare bedroom -kitchen stacked second-level cabinets to the ceiling with open face frosted front panels -glass tile backsplash -built in bench seating area with storage seats -real wood accent wall in living room -expanded walk-in double section pantry -upgraded carpet on stairs and upper level 2016 -wooden shelves in all downstairs closets -master bedroom crown molding and chair rail -new Samsung top load washer/dryer with steam sanitize cycle 2017 -new hot water heater 2018
EXTERIOR
-expanded paver driveway, paver path connecting to backyard, paver path connecting to exterior door to downstairs bathroom -large travertine deck with black river rock border
-12 ft privacy hedges
-5 palm trees, irrigation system
-two exterior security cameras
-Fence bordering property line with 2 gates -two hose hookups -exterior landscape lighting
POOL, 2016
-30 foot salt water pool
-pebbletec finish, sun shelf, bullnosed coping
-4 deck jets
-hot tub with water fall and stone siding -new pool pump Jan 2019 -professionally maintained for 3 years
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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 Loxahatchee Reserve North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017