55 Pepper Tree Road
About This Property
This beautifully crafted, 2022-built home offers nearly 3,800 square feet of thoughtfully designed living space that perfectly blends comfort, style, and functionality. The open-concept layout invites family gatherings and entertaining, while abundant natural light and quality finishes create a warm, beach-inspired atmosphere.
Featuring 5 bedrooms and 5 bathrooms, this generous floor plan accommodates both everyday living and hosting guests with ease. Relax on charming front and back porches, toast evenings around the fire pit, or imagine adding a private pool in the expansive backyard.
The home sits on a large 0.30-acre lot with a fully fenced backyard, irrigation system, and a professional Mosquito Joe system -- ideal for outdoor enjoyment year-round. There's ample parking, including space for up to 10 vehicles, boats, and RVs, plus a two-car garage.
Inside, enjoy recessed lighting, custom blinds, and well-appointed spaces that cater to relaxing, everyday living and entertaining alike. **No HOA** means freedom to personalize and enjoy your coastal retreat exactly as you wish.
Just minutes from dining, shopping, parks, and world-class beaches, this is coastal living at its finest -- a perfect primary residence, second home, or investment opportunity.
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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