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2612 Glasbern Circle
About This Property
This home is a must see! Perfectly located in the West Melbourne community of Hammock Lakes. This home is close to everything! Less than 10 min. from the Hammock Landing Shopping Center, The Melbourne Mall, and I95. This home features 3 bedrooms, 2 bathrooms, open kitchen, plenty of cabinet space, large pantry, wood-look CCP flooring in the living areas and master, larger sliding glass doors leading to a screen porch facing the preserves. This is a move in ready home, perfect for a family!
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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 Hammock Lakes East
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$2,150 /mo
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$1,925 /mo
- 3 Beds
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- 840 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017