462 Hazel Street
About This Property
Designed with over 2,000 square feet of thoughtfully planned living space, the Iris blends functionality, comfort, and modern design throughout. A welcoming covered front entryway leads into an inviting foyer where a private den with double French glass doors creates the ideal setting for a home office, media room, or quiet retreat. The split-bedroom layout enhances privacy while providing comfortable separation between the primary suite and secondary bedrooms. At the heart of the home, the open-concept kitchen overlooks the spacious great room and features stainless steel appliances, a large center island with bar-top seating, a walk-in pantry, and seamless flow for entertaining and everyday living. The great room is enhanced with additional flush mount LED lights, while flush mount LED lights pre-wired for ceiling fixtures add flexibility throughout the home.
Beautiful whole house ceramic tile flooring creates a cohesive and durable finish designed for easy maintenance and modern style. The spacious laundry room with appliance hook-up is conveniently positioned just off the 2-car garage, adding practicality to everyday routines.
Privately tucked away, the primary suite serves as a relaxing retreat complete with a generous walk-in closet and ensuite bath. Secondary bedrooms are thoughtfully positioned, while the guest bath with extended vanity and tub/shower combo adds both comfort and functionality.
Exterior features continue to impress with a spacious 10x20 patio, professionally installed landscaping, hurricane shutters, and durable construction details including the ZIP System for enhanced strength and energy efficiency. Smart home features such as a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, and Deako light switches provide modern convenience and peace of mind.
Backed by a full builder warranty, the Iris combines quality craftsmanship, stylish finishes, and a thoughtfully designed layout in one exceptional Sebastian 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