3525 Polo Drive
About This Property
This classic Bermuda style home offers a gracious and livable floorplan encompassing 2,573 square feet of living space, 3337 total square feet. The property features three spacious bedrooms with three and a half en suite bathrooms, and an expansive kitchen area ensuring ample space and comfort for residents and guests alike. Most rooms provide serene views of the meticulously landscaped private backyard, which includes a stunning pool and well-maintained grounds. This is designed to maximize natural light and flow, creating an inviting atmosphere throughout. The generous living areas are ideal for both intimate gatherings and larger social event Each room has been designed to offer a balance of comfort and sophistication, making this home a true retreat. The over-sized lot, two-car garage, side entry, full house generator, and large pantry and laundry add to the appeal of this timeless residence.
Situated in a prime location, 3525 Polo Drive offers easy access to the best that Gulf Stream has to offer, including nearby beaches, dining and shopping. This property is a rare opportunity to own a piece of Gulf Stream's charm and elegance.
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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 Polo Fields
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$8,500 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017