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7205 Elyse Circle
About This Property
With direct ocean access, this is a boater's dream come true. Welcome to your personal slice of paradise-where the serene rhythm of the river meets the allure of the Atlantic. This exceptional waterfront & pool home offers unrivaled ocean access, perfect for boating, jet skiing, sunset cruises, + more. Spanning over 3,000 sq ft under air, 4 Bedrooms + Den, every inch of this residence is designed to elevate your lifestyle, blending elegance with the laid-back charm of coastal Florida living. Enjoy panoramic water views, a large pool, gentle coastal breezes, & unforgettable evenings spent on the water's edge. You can host vibrant gatherings or enjoy quiet, breezy nights under the stars, this is more than just a home-it's a waterfront sanctuary.
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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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About White City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017