8 MONTERREY DRIVE
About This Property
Perched on the renowned Tom Fazio Links Golf Course with lush landscaping for ultimate privacy and serenity. Enjoy low-maintenance luxury with HOA-managed grounds and private dune walkover to pristine Atlantic beaches just steps away.
Beautifully updated with elegant wood flooring throughout. The gourmet kitchen boasts granite countertops, stainless steel appliances, spacious pantry, and breakfast bar-seamlessly open to the bright family room with expansive windows framing lush private backyard views. Screened paver patio flows to a large open paver deck, perfect for embracing indoor-outdoor Florida living with tranquil golf course vistas.
The luxurious primary suite boasts panoramic garden views, oversized walk-in closet, and spa-like bath with soaking tub, separate shower, dual vanities, and water closet.
Elevate your lifestyle with optional membership to the award-winning Hammock Dunes Club, a Distinguished Emerald Club of the World: two Audubon-certified golf courses, oceanfront clubhouse, fine/casual dining, 5,000 sq ft fitness center, resort pool, tennis, croquet, and more.
Your perfect coastal retreat awaits-schedule a private tour today!
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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