110 Jr's Way
About This Property
This home is practically brand-spanking-new, with upgraded lighting and fresh paint making it move-in ready. The brand new laundry cabinetry and blinds take two more things off your to-do list so you can settle in quicker and start enjoying your new home.
The kitchen offers a corner walk-in pantry and is complete with a range and dishwasher, and fridge The island with seating for four provides the perfect spot to grab a bowl of cereal or socialize during a get together. The split floor plan offers privacy to all with 3 guest rooms located at the froof the home with the primary retreat positioned to the rear of the home taking advantage of those wonderful water views and no neighbors behind your home. The primary bath offers dual closets so no one has to share and the dual vanities continues the what's mine is mine and yours is over there theme.
Centrally positioned within the neighborhood 110 Jr's Way offers convenience without having to wind to the back of the neighborhood with easy access to come and go. You'll find The Preserve at Paradise Cove just east of Hwy 395 and north of US Hwy 98, a hop away from Emerald Coast Middle School. This little slice of paradise is near Point Washington State Park and just a short distance from both the beautiful beaches along 30A or Choctawhatchee Bay.
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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