4286 Newton ROAD
About This Property
This gorgeous POOL home features a stunning kitchen complete with upscale granite counters, stainless steel appliances, and indoor laundry room, a dedicated dining room as well as an eat in kitchen and bar seating. Your primary bedroom is an oasis within itself, offering sliders to the pavered pool area, ample space for all kingsize furniture, a large soaking tub, separate shower, bidet, double sinks with vanity section and two walk in closets. The secondary bedrooms are both spacious and located on the other side of the home with a pool bath for ease and convenience for guests. The triple sliders are pocketed for a wide open, spacious atmosphere perfect for entertaining and extending the living space for special events or every day living. This ENTIRE home is run by SOLAR POWER, so enjoy a low electric bill and swim in your pool year round! This is truly a special opportunity to live your best Florida life in style with ease and comfort!
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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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About Spring Hill
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$2,100 /mo
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$2,000 /mo
- 3 Beds
- 2 Baths
- 2,020 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017