3022 Pine Tree DRIVE
About This Property
Wonderful location!
Right down the street from the new Whistle Stop Park featuring lighted racquetball courts, lighted tennis courts, pavilions, picnic tables, lighted ball fields, playground equipment, concession stand, basketball court and skate park. Boat Launch to the Indian River & famous fishing at Mosquito Lagoon about 2 miles away.
Publix at Edgewater Commons just a 3 minute drive.
Downtown New Smyrna Beach 15 minutes away.
Indian River Elementary School / New Smyrna Beach Middle School / New Smyrna Beach High School
*All information recorded in the MLS intended to be accurate but cannot be guaranteed. ;Water: City
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Cap Rate Calculator
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