432 HELMSMAN Lane
About This Property
Inside, you'll find a fully remodeled kitchen that's a chef's dream. Featuring modern induction cooking, a built-in microwave, sleek quartz countertops, a stylish farm-style sink, and soft-closing drawers, this kitchen is both functional and elegant. The open-concept living areas and bathrooms boast easy-to-clean tile flooring, while the cozy bedrooms feature durable laminate flooring.
Step outside to your private screened-in porch overlooking the backyard - the perfect spot for morning coffee or evening relaxation. With a spacious 2-car garage and plenty of room for bikes and beach gear, this home is ideal for those seeking an active beachside lifestyle. Whether you're biking to the beach or heading into town for a bite to eat, the best of coastal living is at your doorstep.
Don't miss out on this rare opportunity to live so close to the beach in a welcoming, friendly neighborhood!
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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