Under Construction. Step into this thoughtfully crafted 3-bedroom,
2-bath home in Wellen Park, Florida. With charming curb appeal and
a bright, open floor plan, it's ideal for both daily living and
hosting guests. The expansive living space connects effortlessly to
a stylish kitchen complete with ample counter space and a breakfast
bar for casual dining. The primary suite offers a peaceful escape,
featuring a well-designed en-suite bath and spacious closet. Two
additional bedrooms provide versatility for guests, family, or a
home office. Set on a desirable corner lot, the home offers added
privacy and outdoor space. Located in the heart of Wellen Park,
you'll enjoy convenient access to shopping, dining, community
amenities, and nearby Gulf Coast beaches.
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.
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