920 JOHN ANDERSON DRIVE
About This Property
Step outdoors onto the covered patio and you'll find the glistening pool, the impressive 100' x 228' lot that leads towards the water, and a 200-foot dock with a side patio, a 20' x 40' covered boathouse, and full catwalk. Remote-controlled boat lifts accommodate up to 10,000 pounds, with water and electric conveniently in place for boating and fishing enthusiasts. Hurricane shutters in back and front add peace of mind, while notable updates include a new roof in 2017, hot water heater in 2020, garage door and opener in 2021, and a new HVAC in 2023. After nearly half a century of love, care, and endless memories, this gracious home is now ready to turn the page and extend the next chapter to its new owner.
Square footage received from tax rolls. All information recorded in MLS intended to be accurate but cannot be guaranteed.
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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