4700 SW Ardsley Drive
About This Property
Better than new this stunning home shows like a model! You are greeted upon entering with a spectacular open floor plan, soaring ceilings and majestic staircase. The kitchen is a chefs dream come true with white cabinetry, quartz countertops, stainless steel appliances, a center island, walk-in pantry, and lots of storage. The second story luxurious owners-suite has walk-in closets and tranquil, spa- like bath. Enjoy entertaining and family gatherings on your large screened in porch as an extension of spacious living space all overlooking a private preserve. Banyan Bay is a sought after community including access for paddleboards and/or kayaks, heated pool, fitness center and clubhouse. Perfect location close to shopping, dining, schools, and a short drive to the beach, I-95 and more!
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017