672 SAND ISLES Circle
About This Property
BEAUTIFUL OCEAN & ICW VIEWS
Watch the full moon rise quietly over the glittering ocean while the sunset fades below the darkening ICW from your upstairs
* 1100sf open living-dining-kitchen-bonus area with ELEVATOR, fireplace, bathroom, cathedral ceiling, covered balcony.
* Big bright kitchen with views, abundant workspace, granite countertops, breakfast bar, walk-in pantry.
*More oceanviews from the 2nd floor mastersuite and balcony, bath with separate shower, walk-in closet. * Bedrooms 3&4 share a full bath.
*1st floor has a master-size bedroom with walk-in closet, full bath, sunny foyer, laundry room, oversize garage. * All floors flooded with natural light * Close proximity to beach and pool.
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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