104 BEAU RIVAGE Drive
About This Property
You will love this PERFECT BEACHSIDE HOME!!! Just 100 yards from the beach on one of the most desirable streets in Ormond by the Sea, this super clean 3 bedroom, 2 bath home really delivers. Features include a spacious open floor plan, large bedrooms, formal living room, cozy family room, with fireplace, all surrounding the dining and kitchen areas. Also off the family room in a beautiful enclosed Florida Room! Exterior features include brick over concrete block construction, large 2 car garage, well maintained
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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