636 BAY GREEN DRIVE
About This Property
At the heart of the home, a custom gourmet kitchen features granite countertops, quality cabinetry, and a functional design that opens seamlessly to the main living spaces. The main level also boasts formal living and dining rooms, rich hardwood flooring, a neutral color palette, and a practical drop zone off the garage to keep daily life organized.
Step outside to a screened-in porch-perfect for relaxing or entertaining-while enjoying peaceful golf course views.
Upstairs, the spacious primary suite includes a dressing area and a recently remodeled en-suite bath, creating a private retreat. The lower level offers a newly recarpeted, finished recreation room along with ample storage and laundry space.
Located in the sought-after Bay Hills community, residents enjoy access to golf, tennis, a pavilion, playground, and the Bay Hills Swim Club. All within the highly desirable Broadneck school district!
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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