46
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7000 Pluto Avenue
About This Property
be hoovering over one another and you just need space. The split floor plan has a wide-open area separating the owner's room and the second'||chr(10)||'and third bedrooms. All bedrooms are a decent size; the master has a walk-in closet, and the others are standard size. The in-law suite is off the'||chr(10)||'back dining room so everyone has their own areas of the house with large rooms connecting them. The 1/1 attached in-law suite has a walk in'||chr(10)||'closet, it's own water heater and an exit to the screened pool deck. The carpeted living room is perfect if you have large furniture and beyond'||chr(10)||'that you would have a spacious dinette area that that could be used for an array of things. The large, tiled dining room overlooks the pool and'||chr(10)||'has plenty of room for a china cabinet, server or the like. The kitchen that has an island with seating, appliances included and a pantry (lost'||chr(10)||'room in some homes but this one has it!). There is a room off the kitchen that was used as a mud room and area for an extra refrigerator or'||chr(10)||'storage, a laundry room/oversized closet and a bonus room used as an craft room, storage or an office. It is a great home for entertaining inside'||chr(10)||'and outside. Out back there is an inground pool (no spa, sorry) BUT there is a huge, covered patio for lounging or an uncovered extended deck'||chr(10)||'off the pool for entertaining or grilling out. The yard is fully fenced, and one side has a double gate so you can park your boat or RV in the back'||chr(10)||'yard. There is a hybrid fruit tree that provides lemons, limes, pink grapefruit, and three different types of oranges! There is plenty of open yard'||chr(10)||'on either side of the screen enclosure. The thermostat and security system are connected through Wi-Fi for smart control. The home is equipped'||chr(10)||'with a child gate for the pool and pre-drilled hurricane boards and fasteners for the windows! There is a huge front patio that is screened in to'||chr(10)||'enjoy the Florida evenings without mosquitos. What more can you ask for in a slice of Florida paradise! Call for your private showing today!'||chr(10)||'
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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