5395 CHURCH Road #LOTC
About This Property
-5 Bedrooms, 4 full bathrooms, 2 half baths
- Plus office, theatre, safe room (concrete block), flex/storage room
- Family Room 1 has Natural stone wall with electric fireplace, mantle
- Family Room 2 Vaulted ceiling, bay window, stone fireplace, wood floors, bar with fridge and sink could also be billiards room/rec room
- Awesome West Wing with private entrance includes:
- Theatre Room with projector and drop-down screen
- Foyer w/coffered ceiling, wood paneled office w/safe room with concrete walls (safe conveys)
- Half bath, storage room, Granite Entertainment bar/kitchen with 2 sinks, fridge, dishwasher
- Seller willing to make some modifications to West Wing to better suit Buyer's needs
- Wing could be walled off for privacy or in-law suite
-Master Suite: bay window, ocean coral fireplace, 2 walk-in closets
- Bathroom: Granite counter with 2 sinks, tiled shower w/glass block surround, rain shower head and body spray attached studio/flex room or office off Master Suite with access to Patio/Lanai
Mirrored wall; so many possibilities...yoga studio, storage, second laundry room, etc.
- 4 Bedrooms upstairs with 2 Jack and Jill bathrooms
- Kitchen Island with 4 burner electric stove with griddle, 2 sinks, built-in desk
- Garage 1 has flex room, workshop, storage room, full bath
- 3 garage bays measure 52.54' x 28.44'
- Covered carport on back side of building
- Garage 2 measures 61.2' x 39.2'
- 5 oversized garage doors to accommodate RV's and equipment
- Pool/Patio area has salt purified pool with hot tub/spa
- Barbecue pit with sink, half bath, storage room, pump room
- Screened Lanai with fenced dog pen with dog door to inside & gate to fenced backyard
- Lanai has hookups for Summer Kitchen (plumbing and electric)
- Two front entrances
- 3 HVAC units, full house generator 300 watts, Water softener
- Artesian Well, gutters on rear of home
- Beautiful natural pond with bridge to island
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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