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101 FLEMING AVENUE
About This Property
Step outside and enjoy true Florida waterfront living with your own private dock complete with a boat lift, electric and water hookups, and a kayak launch. With direct ocean access, this property is ideal for boating, offshore fishing, and relaxing days on the water. The beach is just minutes away, offering the best of both riverfront and coastal lifestyles. Additional highlights include a newly fenced yard, detached garage, an extra-long driveway with ample parking space, mature trees, and a peaceful outdoor setting perfect for entertaining or unwinding. Whether you're searching for a personal waterfront retreat or an income-producing property, this Halifax River home offers an exceptional combination of location, lifestyle, and flexibility.
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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.
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About Port Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017