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332 Seafarer Circle
About This Property
A New Roof Has Been Installed &, Inside The House, 9'6'' Ceilings Enhance The Sense Of Space. The Tiled Kitchen Has Plenty Of Counter Space And 42'' Wood Cabinets Offer Plenty Of Storage. Cherry Wood Floors Flow Throughout The Majority Of The House Including In The Bedrooms, Which Are Spacious And Bright. The Master Bedroom Contains A Walk-In Closet As Well As A Master Bath For Added Convenience.
Outside There Is A Paver Patio With A Screened Lanai To Enjoy Your Waterfront Views Or You Can Make Use Of The Community Pool And Tennis Courts For Summertime Fun. See Addendum When Hurricane Season Arrives There Is No Need To Worry As This Property Has Hurricane Shutters And An Impact Garage Door To Keep Your Home Safe And Insurance Costs Low. Hurry! This One Won't Last!
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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