212 ELEVENTH Street
About This Property
and out. Featuring solid-concrete walls, standing-seam metal roofing, hurricane-rated windows and
doors, top-of-the line cabinets and ''Kitchen Aide'' appliances.....and we're only getting started. The
downstairs boasts of 2 bedrooms, a full bath and a separate living area with a wet bar, all of which open
to the gorgeous paver patio, heated pool and hot tub. Your guests will love it. The upstairs features an
open floor plan that combines the living, dining and kitchen areas into one large and wonderful family
space complete with a gas fireplace for those cool mornings and chilly evenings. Four covered porches
provide you with perfect outdoor dining and sitting options in all weather conditions on both north and
south sides of the house.
Location you asked? This spot has it all. A short walk up the sand path takes you to the beach and "The
Reef" oceanfront restaurant. Two blocks west gets you to the Intracoastal Waterway, "Aunt Kates"
waterfront restaurant and a public boat ramp. "Caps on the Water" is but a 3 minute drive away.
This beautiful house with the perfect coastal location is truly a "must see".
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Cap Rate Calculator
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