3211 Polo Drive
About This Property
Screened pool is a picture to beautifully manicured grounds. Bamboo flrs are featured in the hallways, trophy room, office, dining/family room area and kitchen. The kitchen/family rooms flow beautifully together for those quaint dinners or large family gatherings. Home boasts high ceilings, crown molding, intricate woodwork, custom trophy displays, private office with built-ins, marble countertops, wet bar, lrg screened pool enclosure, two large 1st floor master bedrooms, two bedrooms and small kitchenette upstairs. Whole-house generator, handicap accessible and screen enclosed pool make this a special house. Home is a short walk to the Atlantic Ocean with beach access. ESTATE SALE...MOTIVATED SELLERS
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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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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017