9611 SW 71ST LOOP
About This Property
You will fall in love with the beautifully updated home offering 1,958 sq. ft. of inviting living space along with a generous 10' x 32' screened lanai, ideal for outdoor dining, relaxing, and entertaining. Step out of the Lanai into a tropical paradise with the private screened enclosed pool. There are no rear neighbors!
Inside, you'll immediately notice the thoughtful upgrades that make this home truly move-in ready. This home offers 3 true bedrooms plus an office/ flex room. The kitchen shines with granite countertops installed in 2022 ,new appliances in 2020, freshly painted kitchen cabinets, giving the space a clean, modern feel. The breakfast bar divides kitchen from the dining room. The home features luxury vinyl plank flooring added in 2021, providing durability and style throughout.
The large master shower was completely remodeled in 2018, offering a spa-like retreat, while the water purifier (2021) and water heater (2022) deliver added comfort and convenience.
Additional updates include plantation shutters for timeless elegance, new air conditioner installed in 2019, roof 2024, pool pump 2025, pool deck resurfaced in 2021 as well as the pool interior, and epoxy coating for garage 2024
As you can see outside, major systems have been meticulously maintained as well. The garage offers space for 2 cars as well as golf cart garage. The garage has a remote control roll up screen and the front door has a hide away screen as well.
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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