147 Amber Place
About This Property
GORGEOUS HALF DUPLEX IN DESIRABLE SOUTH MELBOURNE BEACH AND JUST STEPS TO THE OCEAN! This meticulously maintained FULLY FURNISHED half duplex offers upgrades galore! NEW ROOF and storm impact rated garage door! Beautiful vaulted ceilings! New A/C, updated bathrooms, IMPACT RATED WINDOWS AND SLIDER, new electrical panel, A/C one year old ,new hot water heater, gorgeous kitchen with quartzsite counter tops and counter bar seating. Enclosed porch offers for 3rd bedroom. No rental restrictions! Heated community pool and deeded beach access! Low HOA fees! Florida living at its best. 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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About Candlewood Pines
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,000 /mo
- 2 Beds
- 2 Baths
- 1,103 ft²
$2,750 /mo
- 3 Beds
- 2 Baths
- 1,534 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017