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2864 NE Rosetree Drive
About This Property
3 bedroom, 2 full baths split plan with formal living, dining and family room. Large covered lanai poolside with mature trees and privacy. Wood kitchen cabinets, Corian counter tops, new SS Frigidaire kitchen appliances. LG washer and dryer located in large laundry room with extra shower. Select preferred flooring while opportunity exists. Top rated Martin County Schools, close to Martin Memorial Health Systems, Jensen Beach, Indian Riverside Park, Treasure Coast Mall, lots of shopping and fine dining. Welcome Home to Timberwick!
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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 Jensen Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017