1378 KISKADEE DRIVE
About This Property
Life here comes with wonderful amenities through membership at the Edgewater Club, where residents enjoy a heated pool, tennis, pickleball, shuffleboard, bocce ball, and a variety of social gatherings for a very affordable annual fee of about $300. The neighborhood is pet-friendly, golf cart accessible, and known for its low costs and strong sense of pride in ownership.
Location is everything, and this property places you close to shopping, dining, medical facilities, and less than four miles from the soft sands of Englewood Beach. Whether you are seeking a seasonal getaway, a year-round residence, or an attractive investment, this lot delivers exceptional potential in one of the area's most desirable communities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017