19166 SE Mayo Drive
About This Property
With 2604 total sf, 1 Car Garage & fully fenced backyard, w/ room for a pool, this home offers plenty of indoor & outdoor space to enjoy FL living. Boasting a HUGE Florida Room w/ brick fireplace (& Chicago brick base), New Accordion Shutters, real hardwood & terrazzo floors (no carpets), & 2 unfinished rooms (which would add an add'l 504 sf of air-conditioned space, upon completion), the home offers value & endless possibilities.
Great bones, well maintained, awesome yard, & tremendous potential and upside!
Priced to sell, & with just a bit of love, this could be your perfect family home, beach cottage, or investment property. Take advantage of Martin County taxes, great schools, and an unbeatable location, with No HOA, No Restrictions, & everything at arm's length...beautiful beaches, parks, watersports & marinas, local library, post office, supermarket, and some of the best shopping & dining destinations of the Palm Beaches and Treasure Coast. It's all minutes from your front door.
This home is just waiting for new memories, so come check it out and make it yours.
(Open House Saturday Sept 18th 11am - 1PM)
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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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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017