5042 SE Schooner Oaks Way
About This Property
2018 New pool heater, 2019 New salt cell
Shutters and sprinklers serviced December of 2022 and new sprinkler valves
Recessed ceiling lighting
Transom windows over windows and door in front of home
Ceiling fans in all bedrooms, en suite, great room and lanai
Decorative moldings
Porcelin tile throughout the home
Central Vacuum
Exterior remote for garage door
Spacious Master suite with double door entry, Tray ceiling and marble tile in bathroom
Bathroom vanity pullouts
Kitchen self closing doors
French doors off Master and guest bedroom onto lanai
Fenced yard with aluminum estate fencing, 3 gates, 2 large gates
Utility sink and washer and dryer area in garage
Sprinklers on well water
Professional landscape includes: numerous palm trees; Bismarck, Foxtail, Dwarf, Date, Sylvester Date, Sego, Lady, Queen, Ponytail, Teddy Bear, Xmas, and Areca Palms. Fruit trees; Coconut, Banana, Fig, Mango, Haas Avocado, Surinam Cherry, Papaya and Coco Plum. Also many specimen plants; Gardenia, Angel Trumpet, Snow on Mountain, Ginger, Cordyline, Bamboo Grass, Rain Tree, Bamboo (Hawaiian Gold , Black Bamboo and Blue Bamboo)
Nearby Marina's include: The Corinthian Yacht Club, Pirate's Cove Resort, Restaurant and Marina, Manatee Marina, Port Salerno Marina, Piershare, Hinckley Yacht Services, Sailfish Marina of Stuart and Sunset Bay Marina and Anchorage.
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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