9 WHITNEY PLACE
About This Property
With a new roof in 2022 and 2012 AC, the major updates are already taken care of. Inside, soaring ceilings and a split floor plan fill the home with light and space. The updated primary suite is a retreat with dual closets, a spa-inspired bath featuring a walk-in tiled shower, garden tub, and dual vanities. Triple access points from the primary suite, formal living, and family room open directly to the pool-creating a true courtyard vibe perfect for entertaining. Every bedroom offers high ceilings, making this home feel even larger than its 2,352 sq ft.
Step out to your sparkling pool (JUST RESURFACED) and expansive 25' x 14' covered patio to enjoy the ultimate Florida lifestyle. With no HOA fees, this property is perfect as a primary home, vacation retreat, or exciting Airbnb investment. The oversized two-car garage has space for cars, toys, and storage. Privacy, location, lifestyle, and opportunity all rolled into one!
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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