3455 OCEAN CAY Circle
About This Property
This 4 bedroom 3 bathroom home boasts a spectacular outdoor living space with a smokeless fire pit and outdoor kitchen, making it an ideal place to watch the sunset and feel the lake breeze all year long! The roof was replaced in 2018 and new carpet in 2022, truly making this home turnkey perfection!
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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 Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,895 /mo
- 1 Bed
- 1 Bath
- 687 ft²
$2,700 /mo
- 3 Beds
- 2 Baths
- 1,500 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017