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2611 WATER BLUFF Drive
About This Property
Inside, the home welcomes you with a warm and inviting den featuring a full stone wall and hearth fireplace, perfect for cozy evenings. The kitchen breakfast nook is the perfect spot to enjoy meals. The abundant floor-to-ceiling cabinetry in the kitchen offers plenty of storage, ideal for everyday cooking or weekend gatherings.
The living room-dining room combo flows seamlessly to a large open patio and the charming boardwalk that leads straight to the above-ground pool and deck--set up perfectly for laid-back weekends or your next get-together by the water. This home is truly a summer dream home!
Back inside, the owners' suite includes a walk-in closet, double-sink vanity, and a tub-shower combo. In addition to the three bedrooms, the former garage has been transformed into a spacious 21' x 22' bonus room, equipped with its own mini-split system for efficient heating and cooling -- ideal for a game room, home office, gym, or guest space.
With unique features inside and out, this home offers flexibility, charm, and room to live the way you want.
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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 Northside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017