1004 Bayshore Drive
About This Property
The area boasts sidewalks, Lion's park is just 100 yards away with public fishing, picnic area, and boat launch. This is also where Niceville hosts their annual July 4th fireworks show!
This home is centrally located and close to the beaches, shopping, dinning and doctors offices. You are 10 min from Eglin's East gate and roughly 25 min from Hurlburt. Should you be commuting to Crestview, Duke or the 7th SFG, you would be 20 min from those areas.
This home has more amenities than many new homes, it is sure to impress and flexible to meet most families needs.
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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