8 Revilo Road
About This Property
The pristine exterior sets an inviting tone with its striking blue front door and meticulously manicured landscaping. Inside, the sun-drenched main floor features an expansive living room centered around a classic stone fireplace-a beautiful focal point and the perfect place to warm up on a cool evening. The layout flows seamlessly into a bright dining room flanked by a beautiful bay window, a well-equipped kitchen, and a convenient main-floor bathroom.
The second floor is thoughtfully arranged with three bright bedrooms and a beautifully appointed full bathroom, including a spacious primary bedroom with excellent closet space.
Designed for effortless beachside living, the outdoor spaces include a private rear patio perfect for al fresco dining, an indispensable outdoor shower to rinse off after a day on the sand, and a detached garage offering ideal storage for vehicles, watercraft, and beach gear. Discover the ultimate blend of timeless charm and exclusive beach access in one of the North Shore's most coveted 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