451 Brighton Cove
About This Property
Upon entering from the inviting covered front porch, the expansive foyer unfolds into an impressive dining room and a multi-purpose living room/office. The heart of the home is the 20'x17' family room, aglow with natural light streaming through a plethora of windows, and opens to a well-equipped kitchen. This culinary space is complete with granite countertops, an island, and sophisticated 42'' cabinets.
A significant enhancement is the newly added screened-in pool... A significant enhancement is the newly added screened-in pool, a private haven for relaxation and hosting gatherings, set against the backdrop of beautiful Floridian skies and landscapes.
The master suite is a retreat within itself, featuring an additional cozy space, a large walk-in closet, and an ensuite with double vanities, a separate shower, and a luxurious garden tub.
Living in Hammock Bay is an experience filled with exceptional amenities. Residents enjoy a 60-acre sports park, serene nature trails, 3 community pools with more on the way, a clubhouse with fitness and theater facilities, and pickleball courts. Unique to Hammock Bay are its own event stage with a verdant event green, perfect for community gatherings and entertainment. The community boasts multiple catch-and-release stocked lakes, offering peaceful outdoor activities. Adding to the neighborhood charm is the Props microbrewery and food truck court, a popular spot for casual dining and socializing. The ongoing construction of a dedicated dentist's office within the community further enhances convenience and self-sufficiency.
A New Freeport Middle School is under construction, located adjacent to Hammock Bay Windmill District.
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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