903 Pine Avenue
About This Property
Additional major upgrades include: 2024 whole-home Reverse Osmosis system with 500-gallon reservoir tank.
New 2025 Owens Corning shingle roof, Full-length front culvert along the property line, The 2025 outdoor aluminum and starboard kitchen is a showstopper, featuring: Gas cooktop, Full-size refrigerator, Sink, Trash can drawer, Three drawers, Two double-access doors, Two seasoning drawers, Level 3–4 granite waterfall-style countertops, Interior and smart home upgrades include: Seven 4K security cameras, Two 4K focus/follow security cameras, Soffit recessed lighting around the entire home, Two backyard floodlights, Ring doorbell,
Ring alarm system with sensors on all doors and windows, Seven smart light switches, Google Nest smart thermostat, Samsung washer and dryer, Laundry room with sink, Living room floor outlet, Located near schools, shopping, restaurants, and just a short drive to the beautiful Gulf Coast beaches, this exceptional residence combines elegance, comfort, luxury upgrades, and Florida lifestyle living in one perfect package.
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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 Richmond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017