2579 Clipper Circle
About This Property
Recently painted,High ceilings & also vaulted ceilings.
Hurricane shutters & newer garage door.
Updated kitchen has granite & almost new appliances. Tile in living areas & carpet in bedrooms.
Master has huge walk thru closet & master bath has separate tub & shower. Laundry room has brand new washer & dryer with laundry tub
Large screened in covered patio overlooking the water. No street noise hear.
Furniture is negotiable with exception of piano.
Very active adult community with clubhouse, exercise room, aerobics room, ballroom, pool tables, card rooms, activity rooms, multiple pools, multiple tennis courts,
bocce & shuffleboard courts.
Come make it yours.
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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 Baywinds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017