4974 HARVEY GRANT
About This Property
The backyard has a large storage building and fish pond.
Pool with paver deck, screen, porch, fountains, built in T.V., gas fire place, custom smoker, pizza oven and summer kitchen that includes a grill, fridge and sink.
Large Office with Wayne's Coating, Coffered wooden ceilings, built in cabinets, granite counter tops and book shelves.
Dining room with Wayne's Coating and coffered ceilings. Two large pantries and a Butler's Pantry that includes a fridge, cabinets and granite counter tops.
Custom Kitchen includes granite counter tops, professional Wolf stove/oven, copper farm style sink with automatic ''no touch'' faucet, large professional Sub Zero fridge and freezer and coffered ceilings. Theater Room with built in seating, cabinets, fridge, granite counter tops and bathroom. This room could also be used as a game room or In Law suite.
Large Master Bedroom with built in window seating, two walk in closets, large soak tub, walk in shower, make-up area and two sinks.
Den with gas fireplace, glass doors that open to the pool area, coffered wooden ceilings and custom built cabinets.
Large Laundry Room with sink.
Plantation Shutters, wood floors, carpeted bed rooms and built in vacuum system.
This is a "Smart House" with I-Pad that controls the music and security cameras.
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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%.
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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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017