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3386 Bertha Drive
About This Property
The main level features bright living spaces, an eat-in kitchen, and well-proportioned bedrooms, including a primary bedroom with its own private bath. The additional bedrooms and baths provide convenience for guests, extended family, or multi-generational living.
The walkout lower level expands your living options with a generous living room/den area complete with a fireplace, creating a warm and inviting space for gatherings, relaxation, or a potential guest suite setup. Walkout directly to the backyard and canal, making indoor-outdoor living effortless.
An attached 2-car garage offers valuable storage for vehicles, boating gear, and seasonal items. Outside, enjoy the serene canal front setting, ideal for boating, kayaking, fishing, or simply taking in the peaceful water views.
Located near parks, beaches, dining, and major roadways, this home delivers both tranquility and convenience in one of Baldwin's most desirable waterfront communities.
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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