4640 SE 28TH STREET
About This Property
In addition to the generous bedrooms and living areas, the home features an impressive nearly 400 sq ft flex/office space that could easily serve as a 5th bedroom, media room, home gym, or private workspace, making it ideal for multi-generational living or those working from home.
Enjoy seamless indoor-outdoor living with a covered, under-roof lanai, perfect for relaxing or entertaining guests. The property also includes an additional patio area, offering even more space for outdoor gatherings. The backyard provides added privacy with no rear neighbors, creating a peaceful setting to unwind and enjoy the Florida lifestyle.
Conveniently located near shopping, dining, medical facilities, and everyday conveniences, this home combines space, flexibility, and location in one exceptional opportunity. Schedule your private showing today and experience all this beautiful home has to offer.
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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