1155 W Frederick Small Road
About This Property
Upgrades include brand new AC [10/9/23], landscape lighting, new appliances, new garage door, solar tube skylights throughout, metal roof, room for a pool, plantation shutters throughout.
Mallory Creek is centrally located close to the Abacoa town center with a full monthly entertainment schedule, Roger Dean Stadium which is the spring training home to the Miami Marlins and St. Louis Cardinals, shopping, excellent restaurants, world class golf, a short drive to the beautiful beaches and much more. The community itself offers two heated swimming pools, a fitness center, clubhouse, a billiards room, playgrounds, green space, and nature trails. The HOA fee includes basic cable, the use of all above mentioned recreational facilities, front lawn maintenance and a painting allowance where the exterior of the homes are painted every 5 years.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by NV Realty Group LLC | $1,275,000 | |
| Listed by NV Realty Group LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017