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3501 Samuel Place
About This Property
Situated at the end of a quiet cul-de-sac, the property features a beautifully manicured lawn, private walking trail, and a large screened-in pool perfect for enjoying Florida living.
Inside, you'll find exceptional craftsmanship, thoughtful details, and generous storage throughout. The spacious chef's kitchen opens seamlessly to the dining area, creating an ideal space for entertaining family and friends. Additional highlights include a 2-car garage and a large 19' x 15' detached shed, perfect for a workshop, studio, or future guest suite and the most inviting wrap around front porch! This home is a must see!!
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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