2862 VIA PIAZZA Loop
About This Property
Fantastic news!!! A brand new city park called Forum Park is being built just a quick bike ride or short walk away from this home. It will have two multi-use fields, a dog park, playgrounds, outdoor fitness court, picnic areas, open spaces and 14 pickleball courts. It is projected to open in 2025.
Great location!!! The Forum, Promenade West is a quick drive to Historic Downtown Fort Myers, Edison/Ford Winter Estates, performing arts centers, local colleges & schools, fantastic dining & shopping, local hospitals, the Twins and Red Sox spring training, Hertz area, Fort Myers Beach & the beautiful islands of Sanibel & Captiva! No Flood Zone! No CDD! Low HOA fees! Home priced to sell!!!
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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