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401 Saint Johns Drive
About This Property
tops. Spacious master bedroom featuring en suite bath, walk-in closet and stylish barn doors. Beautiful French doors on the 4th bedroom allow for use as a den, office or bedroom. Double French doors off the family room lead to a large, screened patio. New roof in 2020. New a/c and water heater. Freshly painted inside and out; light, bright and neutral. Lush, new landscaping. Fantastic cul-de-sac location just minutes from the beach in a wonderful neighborhood. Close to shopping, entertainment entertainment
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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 Surfside Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017