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2886 Mondavi Drive
About This Property
Step outside and enjoy true Florida outdoor living with peaceful waterfront views, a refreshing pool, lush tropical surroundings, and even a convenient dog run on the side yard.
Located inside Sonoma, residents enjoy wide winding streets and resort-style amenities including a community pavilion, pier, playground, basketball court, tennis courts, pickleball court, beach sand volleyball court, and beautiful green spaces throughout the neighborhood. Convenience is unmatched with Publix Super Market directly across the street, while the beaches are only about 20 minutes away and Walt Disney World Resort is approximately 50 minutes from your front door. Brevard Zoo, The Avenue Viera shopping district, restaurants, nightlife, and movies are all within minutes. Families will also appreciate the proximity to some of the area's top-rated A-rated schools.
Qualified buyers only should call today for their private tour of this impressive waterfront Sonoma residence.
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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 Sonoma at Viera
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017