2704 Beach Drive
About This Property
As you enter, you'll find a stunning new kitchen equipped with top-of-the-line appliances and stylish finishes, Quartz counters, stainless appliances and farm sink. The bathroom has been elegantly updated, with designer tiles and oversized shower. Recent upgrades include new heating and electrical systems, new laundry along with a newly installed central air conditioning unit. Discover eco-friendly living in this modern home powered by efficient solar panels, ensuring minimal utility costs. Enjoy peaceful mornings and relaxing evenings on the lovely front porch or under the stars in your own backyard oasis. Featuring a new PVC fence, deck, pergola and brick patio. A private retreat for outdoor entertainment and play.
Whole house was completed gut renovated in the last two years.
This home is more than just a place to live-it's a sanctuary of comfort and style. Schedule your viewing today and envision the wonderful life that awaits you in this Merrick treasure!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017