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1421 Ruffin Circle SE
About This Property
This inviting two-story, 3-bedroom, 2.5-bath pool home is tucked away on a quiet side street in a location you'll love! The primary suite is conveniently located downstairs, while vaulted ceilings, which have skylights that fill the family area with beautiful natural light.
Throw open the triple sliding glass doors and step into your own private pool oasis--perfect for weekend entertaining and enjoying the Florida sunshine!
Enjoy no carpet, new kitchen appliances and backsplash, updated bathroom vanities, ceiling fans throughout, and a brand-new heat pump. Conveniently located near A-rated schools, shopping, and dining, this home brings together comfort, updates, and the Florida lifestyle you've been looking for!
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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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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017