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149 Harbor Dr
About This Property
This beautifully updated canal-front residence offers 70 feet of water frontage with direct ocean access, a concrete dock and private boat ramp, plus convenient bay access-an exceptional setting for boating, world-class fishing and diving. The home features a spacious 3BR/3BA upper level with an additional 1BR/1BA Private lower level Apartment, Offering wonderful flexibility for family and guests. Sophisticated interiors include a beautifully appointed kitchen with stainless-steel appliances and granite countertops, complemented by elegant primary bath spaces with a distinctive adjoining walk-through shower and Elevator. Step outside to lush tropical landscaping, covered parking and your own private waterfront retreat. Ideally situated near acclaimed dining, shopping and everything the Florida Keys have to offer. From sunrise cruises to unforgettable days on the water, this is Keys living at its finest.
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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