5448 SE Railway Avenue
About This Property
Constructed with sturdy CBS, the home is fortified with impact windows and doors, ensuring both security and energy efficiency. Revel in the benefits of a brand-new solar system, reducing your ecological footprint while enjoying cost savings.
Step into the screened-in patio overlooking a generously sized yard, providing a perfect blend of serenity and outdoor space.
The interior features a thoughtfully designed split floor plan, accentuated by high vaulted ceilings that create an airy and inviting atmosphere. The kitchen, a culinary enthusiast's delight, showcases elegant granite counter-tops and stainless steel appliances. The expansive living room welcomes you with its open layout, offering a versatile space for relaxation and entertainment. Retreat to the spacious master bedroom, complete with a walk-in closet, double vanity , and walk in shower.
The convenience of an indoor laundry room adds to the home's practical appeal. Newly carpeted bedrooms offer a haven of relaxation and warmth, while sleek tile floors in the kitchen, living area, and bathrooms add a touch of timeless elegance and easy upkeep.
Nestled in privacy, this residence offers a secluded haven while being strategically located in proximity to waterways, waterfront restaurants in charming Port Salerno, and a diverse array of shopping options. With no home owner's association you can enjoy the freedom of having no restrictions including no pet/rental restrictions. Make this charming home yours today!
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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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About Port Salerno
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$9,900 /mo
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- 1,928 ft²
$5,000 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017