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4504 John Avenue
About This Property
this stunning 3-story, 6-bedroom + bonus room, 5-bath modern rustic coastal estate boasts its own private heated saltwater pool and spillover spa, just steps from the sugar-white sands of world-famous Crystal Beach. Renovated from top to bottom, this home offers resort-style amenities with the comfort and warmth of a true coastal retreat.
The backyard is a showstopper-decorative pool lighting shimmers after dark, while the outdoor pool bar & gazebo-complete with a refrigerator, bar seating, and al fresco dining area-makes every evening feel like vacation. Multiple private balconies overlook the dreamy oasis, offering Gulf breezes, serene views, and star-filled skies. Home Layout: This home offers plenty of room for everyone to spread out. The 2nd floor features the oversized Master Suite with a private bathroom, along with 5 large Guest Bedrooms, each with a King bed, plus a spacious Loft area for extra living space. On the main level, you'll find a Den with a sleeper sofa for additional accommodations + a full bedroom. The 3rd floor is complete with a Bonus Room featuring two Twin beds. Designed for comfort, every bedroom is generously sized to maximize space and relaxation. It's the ultimate place for a office and theater and/or anything you want.
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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