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1841 NE Cherry Terrace
About This Property
Intercoastal Waterway from your front lawn! 3 minutes to Beach. Fully Renovated, Hardie Board, Quality
Finishes, permitted and inspected. New Appliances, Quartz Counters, Gourmet Kitchen with 2
Sinks/Disposals. 52" FlatTV/DVD, Furniture included. Underground Utilities, New Electrical Panel, New
Impact Windows, New Irrigation System, New Plumbing Throughout all the way to the New County Sewer
& Water System. Newer Metal Roof. A/C works great and has been maintained. New Front Door and French
Doors. Move In Ready! Private Fenced back yard includes huge new covered deck. Plumbing for future
fountain and outdoor shower. 2 room Shed or Office. 2 Outdoor Fans with Misting System. 5 Car Parking,
Boat or RV. Private Drive.
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Cap Rate Calculator
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 Jensen Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017