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3032 Gulfstream Road
About This Property
A storybook courtyard front entrance welcomes you into this three bedroom, 3.1 bath open floor plan with cathedral ceilings and flowing living, dining and entertaining spaces. The masterfully designed interior by Bungalow Design is dominated by soothing hues of white creating a feeling of calm tranquility. Quality craftsmanship and top of the line appliances and fixtures throughout. The back yard is a tropical oasis with mature trees and foliage, a spacious lanai and inviting pool, spa and summer kitchen.
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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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About Gulf Stream
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017