26 Spinaker CIRCLE
About This Property
Nestled within a gated community, this lot provides the ultimate in privacy and security, while also offering a prime canvas for you to design the home of your dreams. From contemporary coastal estates to elegant Mediterranean villas, your vision can come to life here. The natural beauty of the surroundings will seamlessly integrate with your personal style, allowing you to create a space that reflects your tastes and enhances the lifestyle you've always wanted.
Additionally, as a resident of this exclusive community, you'll have the opportunity to enjoy membership at the renowned Club at Hammock Beach, where you can indulge in top-tier amenities such as eight lighted Hydro-Grid clay tennis courts, a state-of-the-art fitness center, a stunning pool, and more. Whether you're seeking relaxation or adventure, everything you need is within reach.
This is your chance to build the ultimate waterfront retreat in one of the most desirable neighborhoods on the Intracoastal Waterway. Secure this rare lot today and start planning the home you've always dreamed of, with a front-row seat to paradise.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017