2140 Rabbit Hollowe Circle
About This Property
There are so many great features of this home. Volume ceilings with three large sets of slider doors opening to the lanai and pool combine to create a dramatic effect and give the impression of a much larger total living space. A huge master suite (560 +/- sq. ft.) sits on opposite sides of home from 3 guest suites for added privacy and distance. Any one of the guest suites makes for a prime quiet home office. Volume coffered ceilings throughout provide volume to rooms while the gorgeous Pecky Cypress ceiling in the family room provides warmth.
New impact windows on almost entire home with Ballistic Nylon dropdown lanai screens to make hurricane prep easy. Fresh paint throughout the interior with new carpet in 3 guest bedrooms. Abundant ceiling fans and separate AC in the master suite for continuous comfort. Roof is only 10 years old.
The enormous, half acre plus, wide pie shaped lot has been professionally and impeccably landscaped featuring abundant privacy & beautiful outdoor lighting. Exterior features include an amazing private and tranquil outdoor space with an over 1600 sq ft screened lanai area and covered living area with marble pavers surrounded by a 30x15ft saltwater swimming pool.
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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 Rabbit Hollowe
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$7,900 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017