524 VAILL POINT Road
About This Property
Waterfront Home on over an Acre. Relax & Enjoy the timeless beauty of this park-like parcel overlooking Moultrie Creek. This 4/2.5 has an over-sized 3 car garage and is built of steel and even comes equipped with a whole house generator. Perfect for entertaining, as Big Picture Windows bring the outside in. You'll love the Old Florida feel of this property and its panoramic views whether you're taking it in poolside or inside. Dockage may be possible to get to the ICW from here.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017