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2180 Royal Oaks Drive
About This Property
Situated on a sprawling half-acre corner lot, this property offers plenty of space for outdoor activities, gardening or just enjoying the fresh air. This peaceful and friendly neighborhood is nestled off historic Rockledge Drive along the Indian River and offers community amenities, including a fishing pier and river access.'||chr(10)||'Don't miss this opportunity to make this beautiful home in River Wood Estates your own. Schedule a showing today and start living the Florida dream in style and comfort!'||chr(10)||''||chr(10)||'
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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 River Wood Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,250 /mo
- 3 Beds
- 2 Baths
- 2,032 ft²
$2,975 /mo
- 4 Beds
- 3 Baths
- 2,042 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017