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307 Evergreen Avenue
About This Property
The heart of the home features a cozy fireplace in the magnificent living room, & the spacious kitchen flows effortlessly into the dining area. Unwind in the stunning, light-filled sunroom overlooking your serene, natural grounds and fenced backyard, which backs up to the former Eglin Golf Course (closed). A sizable first-floor primary suite serves as a private retreat, offering convenience and seclusion. Shopping & dining are just moments away. Schedule your tour today! The agent believes the information provided is accurate and true; the buyer & the buyer's agent are to verify all info deemed important.
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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