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7403 Sunset Avenue
About This Property
With 4 spacious bedrooms and 4.5 bathrooms, this property offers plenty of room for everyone. The FLEX SPACE located on the second floor offers the flexibility to use it as a secondary living room or a bunk room for additional guests, while the single car garage provides ample space for your vehicle and storing your beach gear. This property has been designed with your comfort and convenience in mind. The open concept living area boasts high ceilings, modern fixtures, and plenty of natural light, making it the perfect space for entertaining guests or relaxing with your loved ones. The beach house features tasteful finishes throughout, including a fully equipped kitchen with stainless steel appliances and quartz countertops, 9 foot ceilings and 8 foot doors. The property's location is unbeatable, as it is just a short walk from the beach and is situated in a prime location for local shopping, dining, and entertainment. And with its fantastic six figure short term rental potential, this property is an excellent investment opportunity for those looking to generate rental income. In addition to its stunning design and prime location, this beach house also boasts an incredible backyard oasis. The heated swimming pool provide the perfect opportunity to relax and unwind after a day spent on the beach or exploring the local area. The backyard is fully fenced, offering both privacy and security, making it the perfect space for children and pets to play. With ample space for outdoor dining and lounging, you can enjoy the Florida sunshine and warm ocean breeze from the comfort of your own backyard. Whether you're looking to entertain guests or simply enjoy a relaxing evening at home, this backyard oasis is sure to impress. Don't miss your chance to own this stunning beach house with its own private pool. Schedule a showing today and experience the luxury and convenience of this incredible property! Disclosure: Home is in the process of being built. Colors and finishes are subject to change upon availability. Pictures shown are renderings/similar finished houses. Confirm with your real estate professional for final details. Note that hot tub that is seen in rendering will not be built. Heated swimming pool only.
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Cap Rate Calculator
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