2062 Bluestem Circle NE
About This Property
This home has been used as a seasonal home for decades. The furniture will be removed before closing. (Please forgive the scooter and bike in the 2nd bedroom. At the time owner left it had not been expected to be put on the market or readied for selling. ) Walking distance to grocery, drug store, restaurants. EZ access to main roadways, Walk to community library, nature trails. kyacking. 1 hour to Orlando attractions, 15 minutes to area beaches, river or ocean fishing, local airport & Malls & historic downtown Melbourne. A perfect vacation spot or year round living. Active Association Clubhouse
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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 Port Malabar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,800 /mo
- 3 Beds
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$1,750 /mo
- 2 Beds
- 2 Baths
- 1,304 ft²
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 908025
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017