420 VIVAR
About This Property
Don't miss your opportunity to claim your slice of paradise! This enchanting home, beautifully framed by stunning landscaping, is nestled beside 40 acres of pristine, untouched land within a vibrant 55+ community. Step inside the inviting lanai and discover a cozy, air-conditioned haven adorned with plush carpeting and breathtaking views-perfect as an extra TV room or an entertaining space for family and friends. The updated kitchen boasts modern appliances and flows beautifully into the warm and welcoming dining and living room combination. Adding to the charm is the delightful Florida Room at the front of the house, also air-conditioned and carpeted, which exudes an open and airy ambiance thanks to its soaring vaulted ceiling. The guest room features a full-size Murphy bed, complemented by stylish shelving on either side and a spacious walk-in closet. Conveniently located across the hall is the generously sized guest bath. Retreat to the primary bedroom, where you'll find an ensuite bath that includes two expansive walk-in closets, a linen closet, and a luxurious walk-in shower. Outdoor living is effortless on the paver patio that stretches the length of the home, creating an idyllic setting for enjoying peaceful evenings while soaking in the enchanting views of the untouched 40 acres. And for your furry companions, this home is situated in the pet-friendly section of the community, ensuring that they too can revel in the joy of paradise! Don't let this remarkable opportunity slip away!
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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