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4196 S Douglas Rd
About This Property
Designed for both entertaining and everyday living, the home showcases hardwood and coral stone flooring, high ceilings, movie theater, impact glass throughout, a stunning Italian Spagnol Cucine kitchen with granite countertops, Sub-Zero refrigeration, Viking gas range, Bosch dishwasher, wine cooler, and premium appliances throughout. The luxurious primary suite features a spa-inspired marble bath and electric fireplace.
Outdoor spaces are a true private retreat with mature tropical landscaping, summer kitchen, Artisan BBQ, saltwater pool and spa, pool heater, outdoor fireplace, outdoor terrace, and multiple entertaining areas. Additional highlights include Sonos indoor speaker system, updated water heaters, irrigation system, and spacious living areas filled with natural light.
Ideally located just moments from the best of Coconut Grove, enjoy walking distance to parks, marinas, cafes, bike paths, tennis facilities, and some of Miami's top public and private schools. A rare opportunity to own a move-in-ready South Grove residence that perfectly captures luxury, lifestyle, and location.
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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%.
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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.
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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