347 Glenbrook Drive
About This Property
All the bedrooms are large and there are 3.5 stylish baths including the cabana bathroom with a full shower. The master showcases custom marble and cabinetry along with a glass-enclosed shower, custom shower accessories and a spa tub.
The long list of extra features includes an added room for office use, three new (2021) AC units: unit 1- 2 ton, unit 2 - 2.5 ton, unit 3 -3.5 ton, a two-car garage and room for a golf cart. All this is set within a gated community with parks and tennis courts, no HOA fee, and no mandatory membership fees are required to call this neighborhood home. Other notations: All windows and doors have panel coverings. Roof age is approximately 2000, flat roof approximately 6 years, new pool pump 2021, pool has a dedicated vaccum line, Garage door is hurricane rated.
The City of Atlantis is a gated, manicured country club community offering 2 championship golf courses with no membership obligations. Kintz Park at The City of Atlantis, where families and residents gather to play tennis, attend a party or City sponsored events (Annual Egg Hunt, Annual Spring Fling, Holiday Golf Cart parade, & more events! Club room has a Playground for kids, a covered picnic area and a water park for fun! Conveniently located close the beaches, I-95 and in between major airports.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. No commissions are paid to any cooperating broker until title passes.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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About Atlantis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017