8193 128th STREET
About This Property
Step outside to your own slice of paradise, where a sparkling heated pool awaits, surrounded by lush landscaping and a spacious patio area, perfect for soaking up the Florida sun. The pool includes a sun shelf, two pool benches with umbrella option, and an extended pavered patio. Outdoor kitchen with granite countertop and seating for nine, as well as a retractable awning to further extend your outdoor enjoyment. Even a hot tub on the patio for more enjoyment! Off the pavered patio is a fully furnished, air conditioned 10x12 home office or pool house! This backyard haven offers the ultimate setting for relaxation and entertaining. RV/Boat parking with a Geocell ground grid for heavy loads, and a dedicated 30 amp service. Roof (main and flat) 2023, AC and ductwork 2022, H2O heater 2022, water softener 2023, freshly painted exterior and trim 2023, vinyl fencing, the list goes on!! With its convenient location, NO flood zone just minutes from pristine beaches, shopping, dining, and top-rated schools, this is truly a place you'll be proud to call home!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017