395 8TH Street
About This Property
Designed by a Local renowned builder, this home is a testament to quality craftsmanship and attention to detail. As you step inside, you're greeted by an open and bright floor plan that seamlessly blends indoor and outdoor living.
One of the standout features of this home is its unique two-car garage, perfect for storing your beach gear or golf cart for easy access to the nearby dining, shopping, and of course, the beach.
The home theater room is sure to impress. Whether it's family movie nights or watching the big game with friends, this dedicated space provides the ultimate cinematic experience.
Presented exclusively by The Floyd Group, this home offers not just a place to live, but a lifestyle to embrace, 395 8th St. is more than just a house-it's a sanctuary by the sea.
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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