480 SAN NICOLAS Way
About This Property
room w/fireplace. Large separate living rm & dining. Posh master retreat & updated spa style bath. Guest wing has 2 BR's which serve as in-law suite w
/bath & another split BR w/en suite bath. Outdoor is an entertainer's dream! Gorgeous tropical pool/spa, tiled covered porch w/gas fireplace, lge yard w/private preserve/marsh view. Ocean Palms is an upscale gated community on Anastasia Isl. boasting beautiful landscapes set amidst the marshes & bordering the Intracoastal waterway. The beach, shops & restaurants are just a short bike ride away. Community pool, BBQ area, Intracoastal park with fishing dock. playground. 10 min to historic are are
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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