31785 SKIMMER ROAD
About This Property
The home's curb appeal is enhanced by a brick paver driveway and striking black-framed windows, adding a modern architectural touch while beautifully framing the surrounding views.
Inside, you'll find 3 bedrooms, 3.5 baths, a spacious loft, and a large storage room that can also be used as an office or additional sleeping area. Meticulously designed and impeccably maintained, every detail has been thoughtfully considered. Features include an open floor plan with 10-foot ceilings, stunning hardwood floors, a gas fireplace, a main-level primary suite with a Jacuzzi tub, pocket doors, custom closet organizers, new upstairs carpeting, and a conditioned crawl space with a new sump pump. Residents of Bay Forest Club enjoy resort-style living with two Las Vegas-style pools and an impressive array of amenities, including indoor pickleball and basketball courts. Be sure to view the photos showcasing everything this exceptional community has to offer.
This is a must-see home that perfectly combines luxury, comfort, privacy, and an unbeatable lifestyle.
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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 Sussex
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017