4336 WORDSWORTH WAY
About This Property
Inside, you'll find crown molding throughout and a clean mix of tile and luxury vinyl flooring. The layout includes a formal living area and a flexible den/office space. The kitchen is outfitted with granite countertops and all stainless steel LG appliances. Both guest bedrooms feature walk-in closets and share a convenient Jack-and-Jill bathroom.
The owner's suite serves as a private retreat with a large walk-in closet, updated bathroom with new counters and tile, and direct access to the lanai. For added peace of mind, new electric roll-down shutters protect both sets of sliding glass doors as well as the two front doors during hurricane season.
Out back is where this property truly shines-an expansive screened lanai perfectly positioned to capture long, tranquil water views, creating a private, resort-style setting ideal for birdwatching and unwinding. Enjoy the heated pool and spa, a convenient poolside halfbath, and outdoor shower, all designed for effortless outdoor living, while pocket sliders open wide to create a seamless indoor-outdoor experience.
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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