1863 Queen Palm DRIVE
About This Property
Welcome to your turnkey ready, newly renovated home ideally situated near the pristine shores of New Smyrna Beach! This stunning split-level home has undergone a complete transformation incorporating both comfort and modern style. From top to bottom, no detail has been overlooked. A brand new roof, water heater, and AC unit ensure peace of mind for years to come, while energy-efficient windows bathe the interior in natural light, and help save you money on utilities. Step inside to discover a fresh and contemporary interior finished with brand new vinyl plank flooring. The updated bathrooms boast sleek finishes and modern fixtures. The kitchen features new cabinets, countertops, appliances, and flooring. Whether you're cooking for a crowd or enjoying a quiet meal at home, this kitchen is sure to impress.
Outside, the fenced backyard offers privacy and seclusion, making it the perfect spot for outdoor entertaining or simply unwinding after a long day. Conveniently located within a 15 minute drive of the beach, and close to plenty of restaurants and shopping centers, this home offers the perfect blend of coastal living and urban convenience. Don't miss out, schedule your showing today!
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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