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303 Bartow Street
About This Property
CBS, 3 Bdrm/2 Bath Ranch style home with Large Eat in Kitchen, Large laundry room, dining & living rooms. Extended garage, fenced shaded yard, screened back patio. City Water & well/septic. Must See! Larger than appears with great floor plan. Shabby Chic home needs love. Sold ''As Is'' with immense potential. Great starter home, investment property, or for retirees. Centrally located between Ft. Pierce & Port Saint Lucie towards front of Indian River Estates neighborhood. East off US Hwy#1 off Easy Street. Lower taxes in unincorporated area. Only 6 miles from Ft. Pierce waterfront, boat ramps & south causeway. Bring your boat & RV, plenty of parking space for your toys! No HOA.
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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 Indian River Estates
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017