135 LAMBERT AVENUE
About This Property
• Brand new roof (2024)
• New outside A/C unit and all ductwork
• Updated kitchen and bathrooms with quartz countertops
• New gas stove and dishwasher
• Fresh interior paint (2022); exterior paint (2021)
• Irrigation system (front & back) on well
Enjoy coastal breezes and views of the Intracoastal Waterway from your screened front patio, or relax on the back patio surrounded by lush landscaping. Cozy up in front of the gas fireplace on cooler evenings.
Unbeatable Location:
• Less than 0.5 miles to the nearest grocery store
• 1 mile to Flagler Beach's shops, restaurants, and sandy shores
• 3 miles to I-95 for easy commuting
• 20 minutes to Daytona Beach
• 30 minutes to historic St. Augustine
• Just over an hour to Orlando, theme parks, and international airport
This home combines the best of Florida living with modern comforts and a prime location-schedule your showing today!
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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