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8709 Serrano Circle
About This Property
You will love this bright & open floor plan w/ 5 bedrooms, 4 baths, bonus room & 3 car garages on prime waterfront lot. Great room w/ cathedral ceilings & beams open to the amazing kitchen w/ high end appliances & huge island which is the heart of the home. Master bedroom w/ coffee bar area & stunning bathroom will not disappoint.
You will love the outdoor space w/ gorgeous salt water pool, a hot springs deluxe spa & outdoor kitchen. Peace of mind w/brand new whole house generator & hurricane shutters. New interior painting & new washer & dryer w/ pedestals. Fruit trees in the backyard & gorgeous community close to everything.
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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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About Viera West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,500 /mo
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$3,300 /mo
- 3 Beds
- 3 Baths
- 2,044 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017