71
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55 Tranquility Lane
About This Property
Upstairs, you'll find two more bedrooms--each with a private bathroom--and access to a spacious balcony, the perfect place to unwind and enjoy breathtaking sunset views.
Additional highlights include a tankless water heater, energy-efficient foam insulation, and a walk-in attic. The expansive driveway offers ample parking, complemented by a three-car garage. The backyard provides plenty of space to add a private pool.
Whether you're seeking a primary residence, second home, or investment opportunity, this property offers exceptional flexibility, with short-term rentals allowed.
Residents of Destiny East enjoy exclusive amenities, including private beach access, a community pool, tennis courts, and a clubhouse.
Don't miss the opportunity to own this exceptional coastal retreat!
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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