2386 Bay Circle
About This Property
Like new expansive four bedroom plus office, five full baths and one half bath, two sided fireplace between living and family rooms, formal dining room, gourmet kitchen with island, additional upstairs billiard/game room.
This gorgeous home features soaring ceilings, extensive windows for a light and airy feel. Each bedrooms is an ensuite featuring their own private baths.
Central vacuum, fenced,
Gorgeous outdooring entertaining area with large decorative heated pool, 6-8 person hot tub and top of the line brand new summer kitchen with granite and stainless all overlooking the gorgeous waterway.
Unincorporated area, city sewer, county
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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 Maheu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017