231 TINTAMARRE Drive
About This Property
Located in the gorgeous Windward Ranch neighborhood, this one-story stunner with lush landscaping and stone accents is bursting with curb appeal. As you step into the foyer, you are immediately greeted with tile floors, a dining room, and gorgeous ceilings. The kitchen, dining space and living room connect in a cohesive open concept floor plan that most buyers need. The gourmet chef's kitchen boasts nice wood cabinetry, luxe countertops and stainless steel appliances. Bonus breakfast bar seating in the oversized island merges for the perfect place to host friends and family. Just off the family room is even more space to relax or entertain in the spacious screened-in patio. Lastly, The spacious bedrooms are the perfect retreat after a long day.
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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 St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017