28401 COCO PALM DR
About This Property
Inside, the heart of the home is a stunning, fully updated kitchen designed for both everyday living and entertaining. Enjoy abundant cabinet space, brand-new stainless steel appliances including a wine fridge, and beautiful quartz countertops with both bar-height and counter-height seating options. The bathrooms are also updated with new soft close cabinets, quartz countertops, new sinks faucets and show heads.
The home showcases luxury vinyl flooring throughout, hurricane shutters, NEW ROOF (2023) and hurricane rated garage door for peace of mind, fresh interior and exterior paint, and a freshly epoxied garage floor for a clean, polished finish.
Whether you're relaxing indoors or enjoying the waterfront lifestyle outside on your screened lanai with additional brick paver patio beyond, this home checks every box-modern upgrades, generous space, unbeatable access to open water and room for a pool. A true move-in-ready waterfront retreat!
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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.
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