253 Barbados Drive
About This Property
Brand new 24'' porcelain tile on diagonal and real oak flooring.
Newly constructed Grand Retreat is a bonus room of over 450 sq feet of ''Fun space'' -Use as a bedroom, play room or office. All addition windows are hurricane impact glass.
The renovated Expanded kitchen with built in breakfast bank features: Granite counter tops,bar stool seating, New stainless Steel GE Cafe & Kitchen-aid appliances (with 5 year warranty) and large family sized pantry
Completely new and redesigned 2013 PRIVATE Tropical outdoor living area featuring Travertine marble paved patio, custom built covered lanai, pass through bar service, gas heated Salt Water-free form pebble-tec pool/spa, surround so Completely renovated Expanded "C" model with retreat- LIGHT/BRIGHT/AIRY
Newly constructed Grand Retreat (with access from INSIDE the home) is a bonus room of over 450 sq feet of "Fun space" - Can be used as a bedroom, play room or office. All windows are hurricane impact glass.
The renovated Expanded kitchen with built in breakfast bank features: Granite counter tops and bar stool seating, New stainless Steel GE Cafe and Kitchen-aid appliances (all with 5 year warranty) and a large family sized pantry
Completely new and redesigned 2013 PRIVATE Tropical outdoor living area features Travertine marble paved patio, custom built covered lanai, pass through bar service, gas heated Salt Water - free form pebble tec pool/spa, surround sound, 2 outdoor tvs with separate cable feeds, 500 gallon propane tank installed to run: pool heater - Barbeque and hook up for emergency generator. Entire outdoor living space protected by "Mistaway" mosquito control spray system
Brand new 24" porcelain tile on diagonal and real Oak flooring throughout the home
Master bedroom boasts an enormous 125 sq foot walk in closet
All Bedrooms have new carpet
Custom window treatments throughout the home
Extra recessed light and custom fixtures installed
Green area in front of house great for kids-off the street
Comfortable wrap around front porch
Custom mill work in formal dining room, bedrooms and bathrooms
Crown molding
Laundry room area features new GE profile washer and dryer as well as granite work counter space
Extensive storage areas in all areas of the home. All closets with custom California closet built ins
Both Air Conditioner units replaced in 2011/2012.
Brand new tank-less hot water heater
Central Station monitored alarm system
Garage loaded with more storage space and custom cabinets
Central Vac system
Accordion shutters on second floor of primary structure
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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%.
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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