15317 Memorial Circle
About This Property
Awesome changes are about to happen in the West Bay community with the St. Joe sector plan and West Bay Village. This may be a vey sweet investment opportunity or heck just a quiet place to live close to the beach yet far enough away to make you feel as if you are in the country.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2017 | Sold | ||
| Sold | |||
| Feb 6, 2016 | Listed by Beachy Beach Real Estate | $69,900 | |
| Listed by Beachy Beach Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017