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2020 Stratford Pointe Drive
About This Property
With its spacious layout and thoughtful design, this home embodies both comfort and functionality. The open living spaces flow seamlessly, creating an inviting atmosphere for both daily living and entertaining. The community of Stratford Pointe also features a sparkling community pool for your enjoyment.
Centrally located, this home offers easy access to Melbourne's best, including beaches, shopping, and dining. It's a rare opportunity to own this never-listed gem, filled with untold stories and waiting for you to create its next chapter. Don't miss out on making this house at 2020 Stratford Pointe your home.'||chr(10)||''||chr(10)||'
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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 West Melbourne
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Currently no similar homes aroundNearby Rentals
$1,925 /mo
- 3 Beds
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- 840 ft²
$1,950 /mo
- 4 Beds
- 2 Baths
- 1,309 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017