2033 Heritage Park Way
About This Property
Heritage Park is located on the East side of Navarre...ideal for the local shops and in easy access of the Navarre Beach Bridge across to the beautiful white sandy beaches of the Gulf of Mexico. Relocating to Hurlburt Field ..no problem you are in 10 minutes drive from the front gates ...Click on a tour at Google Earth to experience the true value of this location...then sit back and relax .....You've just found your new home.
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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