2727 Coconut BOULEVARD
About This Property
Generator conveys with sale. Additional drilled well is next to current well. Lot has been sodded. Shipping container is turn key. New cable tv lines added to the area. Enjoy country living while conveniently located to the beautiful sands of Flagler Beach (appx. 33 minute drive), Ormond Beach (appx. 43 minute drive), Daytona Beach (appx. 44 minute drive) and St. Augustine Beach (appx. 51 minute drive).
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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