2 Rue Renoir
About This Property
Special Remarks: Pool is not heated, Spa is gas heated. Membership to the private Hammock Dunes Club is available but NOT required. HD Club is a "Designated Emerald Club of the World" and boasts 2 Audubon certified championship 18 hole golf courses, oceanfront club house, fitness center, heated oceanfront pool & Spa, tennis, croquet, etc. Enjoy gourmet or casual dining at two clubhouses, ocean terraces or poolside. The Creek Course has recently been ranked in the "Top 100 Residential Courses" in the nation. Ranked #1 Readers Choice Award for Best Private Club in the Southeast by Orlando Style magazine! Hammock Dunes is ideally located between Orlando and Jacksonville with easy access to I95 and airports in Jacksonville, Orlando or Daytona Beach.
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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