511 SPRING AVENUE
About This Property
Inside, the open great room offers coastal charm with comfortable seating, wood floors, a modern dining area, and a updated kitchen with granite counters, stainless steel appliances, and a breakfast bar. Sleeping arrangements include two king bedrooms-both with patio access-plus two queen bedrooms and a queen sleeper sofa for added flexibility. The primary suite features a walk-in shower and double vanity, while the remaining bedrooms share a well-appointed hall bath.
Combining sustainable living, an exceptional location, and strong rental appeal, Cabana Breeze is the perfect blend of island comfort, convenience, and investment potential. Don't miss your chance to own this exceptional AMI retreat- call today to schedule your private showing.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017