4506 Berringer Drive
About This Property
Short-term rental ALLOWED!! NO RESTRICTIONS!!
MINUTES FROM DESTIN!
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Immaculately maintained mediterranean style home is ready for its new owner! Boasting over 2400 square feet, this expansive home offers a generous four bedroom 3 bathroom layout nestled in a highly desired neighborhood. Step inside to the 11' ceilings that make the living space open, airy and still inviting and comfortable. Living room and the additional family room accompanies a formal dining room and breakfast nook space giving this home versatility in every space. Plantation shutters throughout, tray ceilings and a 3 sided gas fireplace further add to the overall feel stateliness in this home. access to both dining spaces, this kitchen is more than desirable. Primary bedroom has direct access to the backyard and the en suite has everything that is on your list. Double vanity, jetted tub, separate shower, water closet and double walk in closets, all in your own retreat. Three additional bedrooms are located with two additional full bathrooms on the other side of the home. Thoughtfully designed with functionality and luxury combined this is a home you must see to appreciate! 2019 Roof, 2019 A/C, 2018 Furnace!! Sprinkler system & Pre-Wired Generator Hook- Up
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Cap Rate Calculator
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