223 Hillside Drive
About This Property
inch upper cabinets, granite counter tops, stainless steel appliances, and ample island seating for when you are entertaining. The master suite i on the main level and has plenty of room for all your bedroom furniture to include a king-sized bed! The master bath en suite is a true dream bathroom with jetted tub, separate walk-in shower, tile floors, his and her vanities, separate toilet room, and walk-in closet!
Upstairs are the additional bedrooms, all good sized with ample closet space for each bedroom. The hall bathroom has dual sinks, tile flooring, and tub/shower surround.
The laundry room - you will LOVE! It is HUGE and has an abundance of cabinetry, perfect for someone who crafts or needs additional storage. There is even a counter for folding your laundry!!
This gorgeous 5 bedroom home, sits on .35 acre with a private backyard. The neighborhood is perfect for taking a jaunt up to the grocery store or local restaurants which are within walking distance and there are sidewalks you can utilize! Eglin, Hurlburt, 7SFG and Duke are just a stones throw from this home, an easy 10-15 minute commute!
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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