41 BAY POINTE DRIVE
About This Property
Inside, the layout feels open and easy with soaring ceilings, natural light, and seamless indoor-outdoor living. The kitchen overlooks the main living space and features granite countertops, stainless steel appliances, custom cabinetry, and a walk-in pantry.
The primary suite offers direct pool access along with an upgraded bathroom featuring granite countertops, a soaking tub, walk-in shower, and glass block accents.
Outside is where this home really stands out. The screened pool area overlooks the course and includes multiple covered seating areas plus a built-in outdoor kitchen, making it just as functional as it is relaxing.
Exterior paint was completed in 2024, adding to the home's clean, well maintained feel. Located just minutes from shopping, dining, I-95, and the beach, this is a rare opportunity to own a move-in ready home in Plantation Bay.
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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