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3332 White Boulevard
About This Property
The main residence offers three bedrooms, two and a half baths, and a generous living area. The entire interior was freshly repainted, and new kitchen appliances installed. All light bulbs have recently been replaced to enhance the interior lighting.
Outdoor living includes a screened pool and spa, ideal for relaxing or entertaining. Additional features include an oversized three-car garage, a paved driveway, and an existing home security system.
A major highlight is the approximately 5,000 square foot metal building with electric and water already in place. The structure includes two rooms (one drywall and another wood frame). An HVAC unit is present but not connected, allowing flexibility for future use. The property benefits from two separate gated driveways, one serving the main residence and one dedicated to the additional building.
This versatile estate combines acreage, privacy, natural beauty, and functionality, making it well suited for a variety of residential and lifestyle needs in Golden Gate Estates.
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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