125 MIDVALE TERRACE
About This Property
Major system updates include a 2018 roof, 2021 HVAC, 2021 hurricane shutters, and 2022 kitchen appliances. Conveniently located near shopping, dining, and local waterways, this home presents a rare opportunity to create value in a well-established Sebastian neighborhood.
Great opportunity for investors, first-time homebuyers, or anyone looking for a home with upside potential. Don't miss this opportunity in beautiful Sebastian! Seller is offering a $5,000 credit toward kitchen updates-giving buyers the flexibility to design and update the kitchen to their liking while adding immediate value.
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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