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2068 NE Ginger Terrace
About This Property
2015 TOTAL HOME RENOVATION... LOTS of UPGRADES - VERY OPEN Floor Plan... HIGH PLANK-WOOD ceilings and QUALITY TILE FLOORING throughout. JOYFUL... FAMILY ROOM, TRANQUIL...MASTER BED SUITE/BATH, WOW... KITCHEN, OH-MY... COVERED LANAI/POOL, and GREAT... OUTDOOR KITCHEN /PATIO area. RECENT METAL ROOF/Gutters and 2-ZONE A/Cs. SOOO LOW... HOA Dues, plus PLENTY OF EXTRA PARKING PAD FOR TOYS with Wheels. VERY CLOSE to Public Beach Access, Boat Ramp, Fishing, Shopping, Festivals and more... RARE... 5 - BEDROOM HOME AVAILABLE HERE !!!
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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.
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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 Jensen Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017