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2138 NE Ginger Terrace
About This Property
Come see this amazing 2002, CBS built pool home with long lake views. Updated metal roof new in 2017 and brand new pool heater and pool pump. Huge open kitchen with very pretty granite counter-tops, wall oven, Island with cook top and an additional sitting area & a large pantry. A very private split bedroom plan with coffered and 10ft high ceilings, decorative rounded corners, tile and cork flooring. Family Room, Living Room, Master Bedroom and Cabana bath all open to the gigantic covered patio with screened in pool just perfect for entertaining. Close to beaches, shops and more. all measurements are approximate.
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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%.
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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.
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 Jensen Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017