1083 Forest Shore Drive
About This Property
Inside, you'll find an open floor plan designed for both relaxation and entertaining, with ample natural light flooding the living and dining areas. The kitchen features modern appliances, plenty of storage, and a breakfast bar perfect for casual dining. Roof 2022, HVAC 2023, and hot water heater 2024. The master suite is a serene retreat, complete with an en-suite bathroom and generous closet space.
Outside, enjoy the Florida sunshine from your private backyard, perfect for outdoor gatherings or quiet evenings under the stars. With the beach just across the street, you'll have easy access to all the sun, sand, and surf that Miramar Beach is known for.
Conveniently located to shopping, dining, and local attractions, this home offers the best of both worlds - a peaceful retreat with everything you need right at your doorstep. Don't miss out on this opportunity to own a slice of paradise in one of Florida's most sought-after locations!
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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