448 BOUNDARY BOULEVARD
About This Property
This WELL-MAINTAINED home features a HEATED POOL with a LARGE SCREENED LANAI and POOL BATH ACCESS. The KITCHEN includes GRANITE COUNTERTOPS, a CENTER ISLAND, BREAKFAST BAR, PANTRY, and STAINLESS STEEL APPLIANCES. Additional upgrades include a CUSTOM DRY BAR in the DINING AREA, PLANTATION SHUTTERS, CEILING FANS THROUGHOUT, and HURRICANE IMPACT WINDOWS AND DOORS (except 2 sliders). A REVERSE OSMOSIS SYSTEM provides clean drinking water at the KITCHEN SINK.
Enjoy peace of mind with a WHOLE HOUSE GENERATOR and the OVERSIZED 2-CAR GARAGE WITH A/C offers plenty of room for STORAGE, WORKSHOP, or a FITNESS AREA. The property is located in an "X" FLOOD ZONE where flood insurance may not be required by lenders.
Conveniently located near GULF BEACHES, GOLF COURSES, DINING, and SHOPPING. This MOVE-IN READY home offers VALUE, UPGRADES, and a SPECIAL INCENTIVE for the next owner.
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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