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2405 Addington Circle
About This Property
Attention to detail shines in every room, from the thoughtfully designed layout to the meticulously maintained finished. The beautiful neighborhood is known for its lush landscaping, pristine surroundings, and friendly community vibe.
Conveniently located near I-95 and US 1, this property offers easy access to all the amenities of the vibrant Viera community, including shopping, dining, entertainment, and top-rated schools. Plus, you're just a short drive away from Florida's stunning beaches.
Experience the Florida lifestyle in a home that truly has it all.
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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 Viera North
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$2,500 /mo
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017