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55 INLET POINT BOULEVARD
About This Property
Outdoor living is effortless here. Entertain under the shade of coastal oaks in the lush backyard, complete with a built-in outdoor kitchen featuring a double-sided gas and charcoal grill and smoker. The oversized garage, plantation shutters, Bahama shutters, and extensive 2017-2019 renovations mean peace of mind and modern comfort plus newer heat pumps (2021) for efficient climate control.
Solid block and concrete construction all the way to the 3rd floor ensures lasting quality, while the property's 4,971 total sq ft under roof offers room to breathe and grow.
Come experience the spirit of Ponce Inlet where the ocean breeze, lighthouse views, and timeless architecture make every day feel like a getaway.
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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%.
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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 Inlet Point
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$4,675 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017