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314 BAYTREE DRIVE
About This Property
Enjoy the outdoors from your private 25' x 4' wood dock featuring built-in seating and cup holders, along with electric and water connections. The property also includes a Roll-N-Go boat docking system with a manual 2,800 lb winch, making it easy to secure your boat after a day on the water.
The inviting double-door entry features a retractable screen, allowing refreshing cross-breezes to flow through the home on cooler days. Inside, the open floor plan offers abundant natural light, high ceilings, and a desirable split-bedroom layout for added privacy. The home features tile flooring throughout the main living areas and luxury vinyl flooring in the bedrooms.
The spacious kitchen and living areas open to the outdoor living space where you will find a heated saltwater pool and patio area perfect for relaxing or entertaining. The fully fenced backyard provides added privacy and convenience.
Additional features include plantation shutters throughout, a large interior laundry room with sink, built-in ironing board, and ample storage, as well as accordion hurricane shutters for the entire home.
Whether you're looking for a year-round residence, winter retreat, or waterfront lifestyle, this home offers the perfect combination of comfort, functionality, and Florida charm.
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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