35
Map
5308 Thomas Drive
About This Property
3 bedroom, 3 full baths & 2 half baths with new granite counter tops. Public beach access #6 is only 0.2 miles away. Spend your day at the beach and then walk on over to SCHOONERS (0.3 miles away) for dinner with a view of the SUNSET on the BEACH. This home has 3 MASTER SUITES with 1 on the FIRST FLOOR, 3 BALCONIES, , Exterior features include a BRICK PAVED DRIVEWAY, TROPICAL LANDSCAPING, SPRINKLER SYSTEM, a PRIVATE, IN GROUND POOL, HARDIE BOARD SIDING, and a METAL ROOF. NO HOA!! This is a great investment opportunity with a documented rental track record! Call and make an appointment today! SEE RENTAL HISTORY BELOW! # of nights booked:
2017 - 178 nights
2018 - 290 nights
2019 - 294 nights
Gross Income
2017 = $69,500
2018 = $78,400
2019 = $82,300
2020 is tracking to be higher than 2019
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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