521 18th Street SE
About This Property
Welcome to your own private piece of Golden Gate Estates living. Situated on 1.14 cleared acres just off Golden Gate Blvd, this 3-bedroom, 2-bath single-family home offers space, privacy, and long-term potential.
The home is in good condition and comfortably livable as-is, featuring a functional layout and a convenient one-car garage. While it offers the opportunity for cosmetic updates and has its original roof, it provides a solid foundation for buyers who want to personalize without starting from scratch.
The property is also equipped with a sprinkler system, making it easy to maintain the expansive yard and landscaping.
Step outside and you'll see the true highlight a fully cleared backyard with endless possibilities. Add a pool, workshop, guest house, garden, or simply enjoy wide-open space with room for toys, pets, and entertaining under the Florida sky.
Space. Efficiency. Opportunity.
This is Golden Gate living with room to grow.
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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