8629 WOLF DEN TRAIL
About This Property
Notable improvements include a new roof, A/C system and water heater, providing peace of mind for years to come. Inside, the home features a split-bedroom floorplan with ceramic tile and laminate flooring throughout, and an open-concept kitchen and living area that flows beautifully into the Florida room-offering clear views of the screened-in pool and paver patio. The screen-enclosed pool and paver patio offer a seamless extension of the living space, while the backyard is lined with mature fruit trees, creating a serene and functional outdoor retreat.
The exterior was painted in 2023, and the two-car garage adds practical storage and convenience. The property is connected to both public and well water, offering added flexibility and utility savings. Located in an X flood zone and Evacuation Zone D, this home did not sustain any damage or flooding during the 2024 hurricane season, providing added peace of mind.
Located just minutes from shops, restaurants, parks, and the Gulf Coast, this home is a rare opportunity to enjoy comfort, value, and a tranquil setting surrounded by natural beauty and everyday convenience.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017