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Map
2510 Palmetto Drive
About This Property
Welcome to Space Coast Gardens! This beautifully remodeled house is ready for you to make it a home. This split plan offers 3 bedrooms and 1 bathroom, with the option of converting 1 bedroom into a home office for the perfect work from home setup! Enjoy your own slice of paradise close enough to the main roads to get you anywhere you need to be without being caught up in the mix. Buy with confidence knowing this house has a 3 year new roof, brand new AC and a water heater that is less than 5 years old. Grab your keys and let's go see this beauty before someone else does!!
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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