76 Tanglewood Drive
About This Property
Upstairs, a second living area provides separation for guests, complemented by two additional bedrooms, a full bath, and a bonus room that can adapt to bunk space, media room, or additional sleeping quarters. The configuration allows the home to comfortably accommodate large groups while still maintaining distinct gathering areas.
Outside, the property continues to read as its own private compound. A pool anchors the backyard, framed by covered outdoor living space and room to expand the experience further. The four car garage adds a rare functional advantage, offering storage for vehicles, golf carts, and beach gear. Located just minutes from the Gulf, 76 Tanglewood balances new construction, generous scale, and investment friendly flexibility in one of 30A's more relaxed settings.
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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