42
Map
2495 Mitchell Avenue
About This Property
Concrete block home just 1 mile from the Indian River boat ramp. Within walking distance of Mims Elementary School and shopping. Featuring ceramic tile throughout the house and travertine tile backsplash in the kitchen. Asphalt shingle roof is coated with a white elastomeric, silicon-based paint which extends longevity of roof and keeps the attic cooler in the summertime. New construction of houses and businesses in the immediate area should insures that your investment will continue to go up in value. Catch the sunset from your front yard gazebo or entertain friends and family in your huge back yard.
Back patio includes authentic palm frond cabana, goldfish pond, and masonry BBQ fire pit. The fully fenced yard includes a chicken coop, goat shelter and 28 fruit trees.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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