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3138 Gulfstream Road
About This Property
At the heart of the home, a covered patio runs the length of the house, overlooks the pool, and connects to the main living areas, making it perfect for entertaining or relaxing.
The guest house has a full bath, vaulted ceiling with a white beadboard ceiling and French doors.
The primary suite encompasses the second floor of the home featuring his and her bathrooms and dressing rooms. The adjoining balcony offers a serene setting to enjoy views of the property. Both an elevator and stairs ensure convenient access to this peaceful retreat.
The heated pool and spa are complemented by a large yard and lush landscaping with extensive custom lighting.
A home theater, three car garage, full house generator and built-in outdoor grill complete this very special offering
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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