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68 WHIPPOORWILL DRIVE
About This Property
The interior has been freshly painted, and the garage floor has been painted as well. The original finishes have been exceptionally well maintained, giving you the freedom to update at your own pace rather than taking on a renovation the day you move in. The A/C was replaced in 2023 and the water heater in 2019, providing some added peace of mind as you plan future updates.
Outside, the covered lanai creates an inviting extension of the living space overlooking the pool and backyard. The pool will need resurfacing, but the spacious outdoor area offers a wonderful foundation for creating your own Florida retreat.
This is a home you can enjoy today and transform over time. With its generous outdoor space, private split-bedroom layout, abundant natural light, and character-filled Mediterranean exterior, 68 Whippoorwill offers the opportunity to settle in comfortably now and personalize it as your time and budget allow.
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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