8543 SUMMIT RD
About This Property
**Welcome Home!**
Discover the charm of this beautifully newly renovated home at 8543 Summit Road, where modern living meets comfort.
**Key Features:**
- **Bedrooms:** 4
- **Bathrooms:** 2
**Main Level:**
- Spacious living room perfect for relaxation.
- Dining room ideal for gatherings.
- Updated kitchen equipped with:
- Beautiful soft-close cabinets
- Elegant countertops
- Stainless steel appliances
- **Outdoor Space:** A large deck that overlooks an expansive, fenced yard, making it great for entertaining.
- Additional storage is available in the oversized shed.
**Second Floor:**
- Comprises 3 bedrooms and 1 full bathroom.
- The primary bedroom boasts a separate door for convenient access to the full bathroom.
**Basement:**
- Features an additional bedroom with its own full bathroom.
- An unfinished laundry area and utility room provide ample space for your needs.
**Recent Updates:**
- New roof
- New vinyl siding
- New HVAC system
- New windows
- 2-car driveway
**Community and Location:**
- Enjoy the benefits of NO HOA fees!
- A lovely park is conveniently located across the street.
- Minutes away from the water, fine dining, shopping, and local attractions in the highly sought-after Riviera Beach area.
This home truly has it all! **Book your private showing today before it's gone!**
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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.
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Property Highlights
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About Riviera Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017