38
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297 Southampton Drive
About This Property
The spacious layout features a true split-bedroom design, providing the perfect balance of privacy and comfort. In addition to the four generous bedrooms, there is a versatile bonus room that could easily be transformed into an office, home gym, or media room - the possibilities are endless!
The heart of the home is the beautifully appointed kitchen, which seamlessly flows into the open living areas, making it perfect for entertaining. Step outside to discover your own private oasis - a screened-in pool and outdoor kitchen, ideal for hosting gatherings or simply relaxing in the sun. With a tranquil, lushly landscaped backyard, you'll enjoy peaceful moments and create lasting memories with family and friends.
Set on a quiet cul-de-sac, this home offers a serene and private setting, away from the hustle and bustle, but still close to everything you need. Don't miss the chance to make this exceptional property your own - the lifestyle you've been dreaming of is waiting for you here.
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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