2425 Bayhill Drive
About This Property
Boasting four bedrooms and two bathrooms, this spacious home offers the perfect canvas for your personal touch. Imagine the possibilities as you envision the potential of each room, with ample space to create the home of your dreams. The two-car garage provides convenient parking, ensuring you have plenty of space for your vehicles.
But what truly sets this property apart is its prime location fronting a wide community lake. Wake up to breathtaking views and enjoy peaceful evenings by the water, creating memories that will last a lifetime. The tranquil setting adds a touch of serenity to your daily life, making it the perfect escape.
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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 Bayhill at Viera East
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$3,250 /mo
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$2,975 /mo
- 4 Beds
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- 2,042 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017