295 Salt Box Lane
About This Property
The open floor plan offers an abundance of natural light, with high vaulted ceilings, wainscoting and hardwood flooring. The heart of the home is the spacious living, dining and gourmet style kitchen that is both gorgeous and functional, perfect for entertaining or enjoying cozy evenings at home. Dine alfresco or enjoy your morning coffee in the screened in porch. Upstairs, pure relaxation awaits in the en suite master bedroom which boasts a walk in shower, double vanities and the piece de resistance, a gorgeous claw foot tub. Additional guestrooms and family room round out the second floor. End your day watching the breathtaking Florida sunsets from your own rooftop watchtower. With beautiful curb appeal, this home exudes charm and a welcoming essence.
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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