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1040 Grapefruit Road SE
About This Property
Are you looking for completely renovated home, well
this is the home for you! Complete home renovation done within last two years including new metal roof, tankless water heater, all new stainless steel kitchen appliances, granite counter tops & stylish backsplash. Whole home has new upgraded tile throughout. Both bathrooms have had complete beautiful modern remodel top to bottom. Inside laundry room with washer dryer and room for workspace/office.
Be ready to be impressed with every inch of this home. Bring your toys there's plenty of room for them in this huge yard and NO HOA .
*City water available City of Palm Bay quoted approx $4400 for this to be done
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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 Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017