4620 SE Quail Trail
About This Property
Discover this beautiful three-bedroom pool home that showcases true pride of ownership. Nestled on nearly half an acre, this Concrete Block Structure (CBS) residence is sure to impress even the most discerning buyer.
Enter the newly finished pool area, a spacious 30x42 fully screened space designed for your comfort, complete with a 55x12 covered patio area that is ideal for entertaining family and friends. The home features newly renovated bathrooms, including a convenient cabana bathroom for easy access to the expansive outdoor area.
Additional highlights include high ceilings, impact glass windows, a metal roof installed in 2021, new designer flooring, a new water heater, and a recently upgraded pool and spa-all enhancing the home's charm. A pocket window with large openings beautifully connects indoor and outdoor living, designed with both functionality and style. There is also a side entrance leading to an oversized two-car garage and an 11x12 utility shed with power.
Situated at the end of one of the most desirable streets in Rocky Point, this property offers privacy and a tranquil retreat. It's conveniently located near Maggie's Hammock and Twin Rivers, as well as waterfront dining and shopping in the vibrant Port Salerno district-all without the constraints of an HOA!
This home hasn't been on the market in over thirty years, so don't miss your opportunity-this remarkable opportunity
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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.
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About Port Salerno
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017