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550 BRAMBLY VINE Drive
About This Property
Up the hardwood staircase, bathed in natural light and complete with motorized shades, is a cozy loft - wired for surround sound and a feature wall with sconce lighting. Three secondary bedrooms (two have custom closets), 2 bathrooms, and a laundry room pre-plumbed for a laundry sink provide plenty of room for family and guests. The spacious Primary Suite, located for privacy on the back of the home, is highlighted by dual walk-in closets (one with custom system), tray ceilings, dual vanities and separate shower and soaking tub.
Other fine features of this home include 8 ft doors, extended height second floor, smooth finish walls, whole house crown molding, tall baseboards, custom accents walls, Lutron smart light switches, over and under cabinet lighting in kitchen, custom lighting and fans throughout, whole house gutters, water softener, tankless gas water heater, and must-see garages! 550 Brambly Vine Drive is located an easy walk to the Reserve at Greenbriar amenity center - with pool, play park, green space, the Grove House and more. Located near St. Johns award-winning schools, grocery, shopping, the St. Johns River, and more. Low HOA and NO CDD fees! This home is a MUST SEE!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017