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4411 Caryota Drive
About This Property
The updated kitchen is a chef's dream, featuring white cabinetry, granite countertops, a tiled backsplash, stainless steel appliances, high-hat lighting, a convenient snack bar, and a delightful breakfast nook. The interior has been freshly painted, showcasing neutral flooring throughout, and impact windows offer both security and peace of mind. The laundry room is equipped with a newer washer and dryer, a sink, and ample space for your laundry needs.
Step outside to your private outdoor oasis, where a covered patio with an outdoor sink and shower awaits. The custom pool and spa have been recently updated with new Diamond Brite and pavers, creating a pristine setting for relaxation. The pergola provides a shaded retreat, while tropical landscaping on a timer and new mulch add to the serene atmosphere. Enjoy breathtaking canal views from your backyard, making this home the perfect escape.
With all the modern updates, this Cypress Creek gem is move-in ready and waiting for you to make it your own!
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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 Cypress Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017