2302 Hyde Parkway
About This Property
Step outside and you'll discover your own tropical oasis. The fully fenced backyard is bursting with mature fruit trees and edible landscaping--including mango, avocado, banana, and pineapple--creating a backyard that's as beautiful as it is productive. Enjoy evenings soaking in the pergola-covered hot tub, rinse off after beach days in the outdoor shower, or host family and friends beneath the covered front pergola complete with lighting and an outdoor fan. An attached under-roof storage shed provides plenty of room for tools, bikes, and beach gear.
Homes with this combination of updates, character, and location are hard to find. Whether you're looking for a primary residence, seasonal escape, or investment opportunity, this one offers the Florida lifestyle so many buyers are searching for. Come see why life is just a little sweeter on Hyde Parkway.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017