5501 Cynthia Lane
About This Property
Inside the main residence, modern design meets relaxed Florida living with 4 spacious bedrooms, 2.5 baths, and a seamless flow to the outdoors. Step outside and you'll find a resort-style pool, built-in grill, and outdoor shower, the perfect backdrop for family gatherings and sunset evenings.
Just steps away, the guest house offers 2 bedrooms and 1 bath, ideal for visiting family, in-laws, or weekend guests. The extra garage/workshop provides endless flexibility, whether you need space for a hobby, business, or all your favorite toys, boats, campers, and more.
This property truly has it all: privacy, versatility, and location. Just minutes from 5th Avenue, Tin City, and Naples' stunning beaches, this is more than a home, it's a lifestyle waiting to be lived.
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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