905 LAMBERT AVENUE
About This Property
The master suite boasts dual sinks, dual walk-in closets, a soaking tub, and a separate shower – your personal retreat. The in-law suite with its own private bedroom and bath offers flexibility for guests, extended family, or a private office space. All other bedrooms are generously sized, providing comfort and versatility. Just off the main living area, a dedicated laundry room with a sink and built-in cabinets adds convenience and functionality.
Enjoy the best of outdoor living with a spacious front yard and a huge backyard, perfect for entertaining, relaxing, or creating your dream garden oasis. This home truly has it all – space, location, and lifestyle – just minutes from the sand and surf of beautiful Flagler Beach.
Don't miss this rare opportunity to own a piece of paradise!
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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 Flagler Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017