2 Shore View Lane
About This Property
causeways in prestigious Indialantic! Sit on your southern style front porch and watch dolphins and manatees play in the Indian River Lagoon. Lots of French doors (dining, kitchen & family rooms)opening to resort-style pool, surrounded by tropical gardens,ideal for relaxing or entertaining. Remodeled gourmet kitchen and bathrooms with top of the line stainless steel appliances, Italian granite and tile. Light pours through the windows with direct water views of the Indian River. This elegant family home is move-in ready with a newer roof (2011), HVAC (2013), sprinkler and pool pumps(2017)and deep well (2014). Other amenities include a brick wood burning fireplace, laundry room, laundry chute. Priced to sell, this home will not last long! Other amenities include brick, wood burning fireplace, huge laundry room leading from pool, formal entry foyer. Priced to sell, this family home will not last long in this appreciating market.
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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%.
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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 River Shores
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017