9507 Acorn Lane
About This Property
Impressive All Brick Luxury Home. Upgrades abound even before you enter. Large circular drive, southern front porch, beautiful flooring, Venetian plaster walls, office off of foyer, theater/bonus room on 2nd level, formal dining room w/ multiple architectural accents and lighting. Great room with soaring ceilings & gorgeous stone fireplace. Gourmet kitchen boasts custom solid travertine slab counters (throughout home) & ice maker ($1500 value). Huge covered back porch area designed for entertaining & enjoying Florida weather. Master bedroom is on the 1st level with a ''spa like'' bath retreat w/Roman shower, travertine floors, chandelier accented Jacuzzi tub & columns. Additional bedrooms are on the 2nd floor - Plenty of floored attic space too. Oversized garage. Peaceful country feel only minutes to the beautiful Gulf of Mexico in an "A" school district. This house has everything you would expect in a "million dollar home. Ask your Agent to make arrangements to show you this exceptional home.
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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