2115 NE Ocapi Court
About This Property
This home is ideal for entertaining with 2319 square footage under air and boasts 2 living areas and 2 master bedrooms. The rear of the home opens to a screened salt pool and spa that is heated as well.
Pinecrest community has 2 parks, which includes playgrounds, perfect for children, tennis courts and is close to schools, the Treasure Coast Square Mall, Downtown Jensen Beach and the beach.
The home is also on the same power grid as the local fire station so in the event of a power outage this grid has priority and is back online much faster than other locations.
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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