1225 FORREST Drive
About This Property
offers the perfect blend of elegance, comfort, and functionality. Built with durable CBC exterior walls and boasting a spacious 3
car garage, this property is designed for both beauty and practicality. Step inside and experience the open floor plan, perfect for
entertaining family and friends. The upgraded kitchen is a chef's dream, featuring a double oven, cooktop stove, 42'' cabinets,
and a large island that flows seamlessly into the living and dining spaces. Enjoy year-round indoor/outdoor living with a covered
patio overlooking the sparkling pool and spa, ideal for gatherings or quiet relaxation. The split floor plan ensures privacy, while
additional features such as a sprinkler system and expansive garage add convenience and value. This property offers the best of
Amelia Island living-space, style, and the perfect setting for entertaining or everyday enjoyment
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Cap Rate Calculator
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