2083 Water Oak ROAD
About This Property
The home has been used as a second home and is in excellent condition, showcasing modern finishes and thoughtful design. The spacious layout features bright and inviting living spaces, ideal for relaxation or entertaining guests.
Enjoy the outdoors with three additional structures on the property, perfect for a workshop, storage, or other personal projects. With most of the yard fenced in, you'll have privacy and security for pets, gardening, or outdoor activities.
Whether you're looking for a peaceful second home, a quiet retreat, or a private country property with ample space, this property has everything you need and more. Don't miss the opportunity to make this lovely home yours!
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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