2464 Parkstream AVENUE
About This Property
As you step inside, you'll immediately notice the beautiful hardwood floors in the main living area which features an open floor plan with easy access to the lanai from almost every room. The updated kitchen features sleek countertops, stainless steel appliances, and ample cabinet space for hosting large gatherings while the updated bathrooms add a touch of luxury to this already impressive home.
The outdoor living area is equally impressive, with the pool being the perfect spot for relaxation and enjoyment on hot summer days. The covered lanai is perfect for outdoor dining, relaxing, and entertaining guests. The new privacy fence provides added seclusion and security, making it the perfect spot for family and friends to enjoy a dip in the pool or a meal outdoors.
Living in the Countrypark community, you'll enjoy easy access to a variety of amenities, including shopping, dining, entertainment and local parks. This home is also located just a short distance away from some of Florida's most beautiful beaches.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017