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2130 S Patrick Drive
About This Property
Move in ready completely updated home .
Be prepared to be impressed with this Beachside 4 bedroom 2 bath concrete block home. Once you walk through the door you will see all the beautiful upgraded wood look tile throughout, stunning upgraded kitchen with stainless appliances, granite, tons of cabinets, huge island and new modern lightning. There is a large bonus room off the kitchen perfect for office, play room, home school the possibilities are endless. The yard is spacious as well and does have an above ground pool and shed that convey. Roof is 2018, brand new septic system 2019, HVAC 2022, Water heater 2022. This home is located so close to so much shopping, restaurants and a quick 5 minute drive from our beautiful beaches
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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 Sunset Harbour
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017