183 SEMINOLE Road
About This Property
Just several blocks away from putting your toes in the sand on BEAUTIFUL Atlantic Beach.
This location gives you close access to restaurants, shopping, and the entertaining beach life.
The adorable bungalow is PERFECT for a starter beach house!
Roof is about 6 years old, HVAC around 10 yrs old.
Come see the potential this home offers!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017