2617 Pepper Avenue
About This Property
The brand- new kitchen features stainless steel appliances, white shaker style cabinets, gorgeous quartz countertops and plenty of room for entertaining dinner guests.
Both bathrooms feature stylish new tile, vanities, LED mirrors and modern fixtures.
Conveniently located inside is a laundry room with plenty of space for extra storage.
Outside the screened -in patio is perfect for entertaining and the fully fenced-in yard is ideal for creating an outdoor oasis! Just minutes from Eau Gallie's art district and the beaches, this property is for you!
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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