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4422 NW 34TH DRIVE
About This Property
inviting living space. The Open floor plan features high ceilings and an abundance of natural light, creating a warm and spacious feel throughout. The living area, dining room, and kitchen feature Vinyl plank flooring, installed in 2022, while Plantation shutters add an elegant touch. The kitchen is both functional and charming, w/ ample counter space, a pull-up bar, eat-in kitchen area and a pass-through window for easy entertaining on the spacious screened-in patio. Stainless steel appliances include a Newer refrigerator (2021) and New dishwasher (2023). The Primary suite overlooks an expansive backyard and courtyard. The en-suite bathroom is equipped with dual sinks, a walk-in shower, generous walk-in closet. French doors from the living room open onto the screened patio, perfect for enjoying Florida's outdoor lifestyle. Newer roof and Fresh interior & exterior paint in 2020 add to the home's appeal, along with the convenience of a two-car garage and a generator. Beyond the home, the friendly and inviting Capri community offers fantastic amenities, including a pool, gym, clubhouse, tennis courts, and access to scenic walking and biking trails. This home combines modern updates with timeless charm in a well-established community, making it the perfect place to call home.
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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%.
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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 Capri
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$975 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017