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5552 Frontier Drive
About This Property
Inside, you'll find a well-designed layout featuring 3 bedrooms and 2.5 bathrooms with a split floor plan that offers both functionality and privacy. The main living area showcases vaulted ceilings, hardwood flooring, and an open, inviting feel that flows seamlessly into the dining spaces and kitchen. The kitchen is well-equipped with solid wood cabinetry, Corian countertops, stainless steel appliances--including a newer oven and microwave,a pantry, and a convenient breakfast bar for everyday living.
The primary suite is generously sized and tucked away for added privacy, featuring a tray ceiling and a spacious en-suite bathroom with double vanities, a soaking tub, separate shower, and a large walk-in closet. Two additional oversized bedrooms are located on the opposite side of the home, sharing a full bathroom and offering ample closet space.
Step outside and enjoy true Florida living with multiple outdoor areas designed for relaxation and entertaining. A covered and screened porch overlooks the beautifully maintained in-ground pool, surrounded by mature landscaping and a large fenced backyard. The side-entry two-car garage adds both convenience and curb appeal, while additional features such as attic storage with decking enhance overall functionality.
Recent updates include a roof (2020), HVAC system (2021), tankless water heater, a PEX plumbing system, making this home move-in ready. Located in a highly desirable community, this property offers the perfect combination of comfort, location, and lifestyle.
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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