75 WILLOW BAY Drive
About This Property
Multi-generational living with two bedrooms, two bathrooms, and a flex living area gives every generation their own space. The primary suite is a true retreat -- garden tub, walk-in shower, dual vanity, and views that make mornings worth waking up for.
At the heart of it all, an oversized kitchen with a 5-burner gas range, double oven, cabinet lighting, and a breakfast nook perfectly framed by the pool and pond beyond.
East-facing backyard. Fenced yard. Pavers. French door office off the entry. 3-car garage with built-ins, wet sink, and laundry. Tons of natural light and a warm, traditional feel throughout.
This is the one you've been waiting for.
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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 Nocatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017