81 Annie Oak Trail
About This Property
The home offers two private bedroom suites which can fit up to 4 guests, each designed for comfort with king beds, generous closets, and spa-style ensuite bathrooms. Both baths feature walk-in showers with rainfall heads, while one boasts an oversized soaking tub.
An impressive deck runs the full length of the home, providing multiple areas for dining, lounging, and enjoying the view. Amenities include a premium Bullfrog hot tub, built-in gas grill, and a versatile breezeway that can be enclosed for privacy.
Practical touches meet modern sustainability with a brand-new Tesla/Universal EV charger (J1772 connector), ensuring electric vehicle owners can power up with ease. A private gravel drive offers ample parking, and the home's thoughtful design, combined with its media recognition, makes this a truly standout property. In a market where such opportunities are exceedingly rare, "The Modern" delivers both architectural prestige and a serene Oklahoma escape.
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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