428 Long Branch Drive
About This Property
Discover the perfect blend of privacy, convenience, and charm in this delightful single-story home featuring 3 bedrooms and 1.15 baths ready to become your haven of peaceful nights by the water.
Enjoy the high-speed fiber optic internet, perfect for work or streaming. The covered back porch invites you to relax and unwind, while the primary bedroom's alcove offers a cozy nook for a desk, reading, or a quiet sitting area.
The work shed, equipped with power, lighting, and shelving, offers ample space for hobbies, storage or a workshop. If you love the outdoors, the nearby park with a pier is perfect for fishing, swimming, or enjoying the serene lake views.
With its fantastic location near towns yet tucked away for privacy, this property is a gem waiting for your personal touches!
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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