4307 3RD AVENUE NE
About This Property
As you enter the home, you're greeted by a spacious living room featuring high vaulted ceilings and light-color carpet. The open floor plan seamlessly connects to the kitchen, which boasts quartz counter tops and stainless-steel appliances. The primary bedroom is a true retreat, complete with an ensuite bath, a walk-in closet, and abundant natural light. The home provides a split-floor plan with the secondary bedrooms located on the other side of the living room. The outdoor space is equally impressive, featuring a screened-in pool with a spa combo, perfect for enjoying Florida's warm climate while looking out onto the canal.
This home is situated within a suburban community that offers a peaceful atmosphere while still being conveniently close to local amenities, shopping, and dining options. Enjoy the best of Florida living with this exceptional property. Plus, with your very own dock, you can hop on your boat and explore the beautiful canals right from your backyard. This is not just a home; it's a lifestyle waiting for you!
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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