317 Sabal Palm Drive
About This Property
As you step inside, you'll be welcomed by updated flooring throughout the living spaces, complemented by plush new carpeting in the bedrooms. The newly renovated bathroom features stylish tile work, a contemporary shower, and a double vanity, all enhanced by elegant mirrors. The master suite is a true retreat, complete with a spacious walk-in closet for ample storage and extra desk/vanity space.
The kitchen truly shines as a culinary haven, equipped with modern stainless-steel appliances, pristine white cabinets adorned with trendy hardware, and stunning quartz countertops. This home offers two inviting living areas, one seamlessly opening into the kitchen and another located at the back for added privacy. Additionally, the front bedroom includes a built-in bookcase, making it an ideal setting for a home office or reading nook.
The fenced-in back yard is spacious enough for boat storage, barbecue gatherings and room for lots of pets!
Embrace the comfort and style of this exquisite property, perfect for new owners!
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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