9138 BAY POINT DRIVE
About This Property
Wall-to-wall sliders open to a resort-style outdoor retreat featuring a summer kitchen, saltwater heated pool and spa, and one of the only PRIVATE BOAT RAMP and covered dock in the community-a waterfront privilege rarely available in BAY HILL. The expansive primary suite is a luxurious sanctuary, complete with a private office, his & hers spa-style bathrooms, and custom walk-in closets. Upstairs, you'll find two additional en-suite bedrooms, plus a magnificent bonus room and private HOME THEATER. A third en-suite bedroom downstairs offers ideal flexibility for guests or multi-generational living. Additional highlights include a butler lift, an oversized 3-car garage with EV charging stations, and extensive storage throughout. GOVERNOR'S DRIVEWAY brings even more elegance to the house And to top it all off-DISNEY FIREWORKS light up the sky each evening, adding a magical touch to this already extraordinary lifestyle.
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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%.
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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 Bay Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017