40481 OLD BRETON BEACH RD
About This Property
Experience tranquility and luxury living at this remarkable waterfront property. With two private docks on two separate lots and breathtaking panoramic views, this is a rare opportunity you don't want to miss.
Imagine waking up to the gentle sounds of the water, stepping onto your private dock, and immersing yourself in boating adventures or simply enjoying the serenity of the waterfront. This house offers unparalleled access and convenience for water enthusiasts.
Beyond the docks, indulge in the beauty of nature from your spacious deck, where you can witness stunning sunsets reflecting on the water. The open floor plan, abundant natural light, and modern amenities create a seamless indoor-outdoor living experience.
This exceptional property not only features an amazing waterfront house but also includes an additional lot where a former extended house once stood. Now cleared and leveled, this lot presents a blank canvas for your imagination.
This isn't just a house; it's a retreat. Find solace, rejuvenation, and peace of mind in this sanctuary by the water.
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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