1012 NEPTUNE Lane
About This Property
Inside, spacious rooms offer a blank slate for a variety of decor styles, whether you're envisioning a beachy retreat, a modern oasis, or a cozy family abode. The open layout ensures easy flow throughout the home, making it ideal for both entertaining and quiet nights in. The real charm, however, is its unmatched location. Imagine being just a short stroll or bike ride away from the beach, where you can start each morning with sunrises over the horizon or wind down with evening walks along the shoreline. Moreover, the proximity to top-tier schools and shops and restaurants makes this the perfect location. For those looking to invest, the property's location and inherent charm make it a potential goldmine, offering an exceptional opportunity. This Neptune Beach ranch provides a unique blend of potential and location. Whether you're a first-time homebuyer, a seasoned investor, or simply searching for that perfect coastal escape, this home promises a future filled with sun-soaked memories, laughter, and the enduring allure of beachside living.
Seize this opportunity to craft your dream beach home. The sand, sea, and unparalleled Neptune Beach lifestyle await! Don't wait this one won't last long!
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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 Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017