235 Outer Drive
About This Property
Major updates provide added peace of mind, including new tie-downs (2024), new HVAC system (2024), and roof (2018).
Residents of Lost Lakes enjoy an active, resort-style lifestyle with outstanding amenities, including swimming pool, hot tub, pickleball courts, fitness center, clubhouse w/ a full kitchen, billiards room, and RV parking. Ideally located near Kennedy Space Center, and the Space Coast beaches, you'll have front-row views of rocket launches while being just a short drive from Orlando Intl Airport, shopping, dining, golf, and Central Florida attractions. Don't miss this opportunity to own in one of Cocoa's most sought-after adult communities
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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