5403 Serenity Cove
About This Property
Also, there is a lift to carry groceries, furniture, and other items.
The kitchen has a gas stove, custom lighting, cabinets, and an exhaust hood. The floors throughout the home are Coretec Luxury Vinyl, and the bathrooms are custom tile. The attic is air-conditioned and has plenty of room to walk around, and the storage is fantastic.
The saltwater pool with a large screened-in area that includes the area under the home makes a great place to entertain and admire the artistic touches throughout the home.
Do you need a workshop or a studio? A 30' x 10' workshop with workbenches opens to the screened-in area and is protected by an electric hurricane shutter.
There is so much more to love about this home. Make an appointment today to come and see this true Island Home.
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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