2731 NE 36th Street
About This Property
Newly refined, 180' deep water luxury estate & attached landscaped lot presides over the South Grand Canal of Lighthouse Point. This timeless estate boasts 5,663 sqft of living space featuring picturesque views from nearly every room! Completely remodeled smart home reflects its elegant design, neutrality & quality craftsmanship throughout. Ample space and serenity to enjoy parking your 100+ foot yacht & toys along the 180' deep water straight marble dock. A must see property! The additional buildable attached lot currently has a putting green and bocce ball court-- but the space allows for maximum freedom and usability. Luxury living at its finest!
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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%.
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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.
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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 Lighthouse Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017