The best of both worlds awaits you in beautiful "Blue Harbour".
Enjoy this sprawling Farm Ranch with sought after Blue Harbour
Association docking just steps away on wide, deep waterway. Set on
impressive 174'x131' property in an X Zone, this home offers
resort-style outdoor living with outdoor shower, tiki bar, patio
and inground sprinklers. Interior features include living room with
fireplace, formal dining room, brand new eat in kitchen with
breakfast island, sitting room with fireplace, den, 5 bedrooms and
4 full bathrooms. The main level Primary Bedroom has a walk in
closet, sliders to patio and brand new spa style bath. Full
basement with laundry and storage. 2 gas heating systems with
separate hot water hear, radiant heat in kitchen, ductless CAC, 2
car garage. Enjoy Babylon Village amenities including the community
pool and railroad access.
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.
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