553 PINE Road
About This Property
Featuring 3 bedrooms and 2 bathrooms, this cozy 1188 square foot abode is brimming with potential. While it may need some tender loving care and repairs, it's being sold ''as is,'' giving you the chance to shape it into your dream coastal retreat.
Imagine waking up to the gentle sea breeze and the sound of waves crashing nearby. Whether you're seeking a vacation getaway or year-round residence, this home's prime location ensures you're never far from the island's renowned beaches, restaurants, and entertainment options.
Inside, you'll find ample space for relaxation and entertaining. The open layout seamlessly connects the living, dining, and kitchen areas, fostering a warm and inviting atmosphere. Step outside into the spacious yard, where possibilities abound. From hosting gatherings with friends and loved ones to cultivating your own lush garden oasis, the outdoor space offers endless opportunities for enjoyment and relaxation.
Conveniently situated in Nassau County, this property provides easy access to amenities while still offering the tranquility and charm of island living. Whether you're an investor, or looking for a vacation retreat, this home presents an incredible chance to make your mark in one of Florida's most sought-after destinations.
Don't miss out on the chance to make 553 Pine Rd your own piece of paradise. Schedule a showing today and start envisioning the possibilities that await in this idyllic coastal haven.
The seller is the Secretary of Veterans Affairs. Property is being sold ''As-is'' with the right to inspect. The seller will make NO repairs.
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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