112 Sylvania PLACE
About This Property
Next, the kitchen the heart of the home has be meticulously maintained and provides optimal functionality and storage this includes all wood cabinets with pull out drawers refrigerator, dishwasher, electric stove with vent hood and a double stainless steel sink an ideal space for cooking and entertaining. Off the kitchen is a lovely screened in porch where you can put you feet up relax reading your favorite book.
Step down into the multifunctional space perfect for various activities, This welcoming space is highlighted by a wall insert brick fireplace complemented by two walls of windows. A door leads out to a double car port complete with a utility room and workshop.
Now step up into the breakfast nook and full bath, just a few steps away is the large family room.
Enjoy this ideal location just a stone throw away are beautiful parks, riverside walkways, recreation center, shopping, dining, entertaining in downtown Ormond Beach and wait the Beach just over the Granada Bridge!
All information taken from the tax records and while deemed reliable, cannot be guaranteed.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017