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4569 Hermosa Road
About This Property
Inside, 10-foot ceilings in the living room and kitchen create an open, airy feel, complemented by 9-foot ceilings throughout the rest of the home. A tray ceiling with crown molding adds character to the living room, while porcelain tile accents the foyer, kitchen, formal dining room, bathrooms, and laundry room.
The well-appointed kitchen features granite countertops, a tumbled stone backsplash, upgraded all-wood cabinetry, an undermount stainless steel sink, and stainless steel appliances. Generous storage and a raised breakfast bar provide space for everyday meals and entertaining, with a separate formal dining room for larger gatherings.
The large primary suite with ensuite bath offers a whirlpool tub, separate shower, cultured marble double vanity, and a large walk-in closet with built-in shoe racks.
Step outside to enjoy the covered lanai and fenced backyard, offering room to relax, garden, or play. Additional features include front & rear gutters, an irrigation system, and a finished garage with pull-down attic access for light storage. Complete with lake views, thoughtful interior details and a convenient South Crestview location!
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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