384 Red Cedar Way
About This Property
Inside, you'll find a bright, open floor plan where the kitchen seamlessly flows into the living and dining areasideal for entertaining or spending quality time with family. Timeless finishes include solid hardwood floors, granite countertops, self-closing cabinets and drawers, and elegant coffered ceilings in the dining room.
Enjoy three inviting porches, including two screened options for relaxing with morning coffee or evening cocktails, and a welcoming front porch with a charming gate and swing. The rear deck is perfectly positioned for outdoor dining and grilling, all while offering a peaceful view of the preserve.
Don't miss your opportunity to own in one of 30A's most beloved communities, just moments from trails, parks, pools, and the white-sand beaches of the gulf. This is WaterColor living at its best quiet, elegant, and surrounded by nature.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017