1035 Graham ROAD
About This Property
Very private backyard, complete with a 2 level Deck for your outdoor entertaining and enjoyment. South Venice is a unique beach community close to dining, shopping, medical, grocery, pharmacy, and charming Venice Island with it's many shops, restaurants and beaches & the famous legacy biking & hiking trail. The low (optional) HOA fee ($145/yr) provides unlimited ferry service across the turquoise intracoastal waters to your private beach
Newer hot water heater. Laminate floor has been damaged in some spots and will need repair/replacement. This is an AS-IS sale.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017