310 Newport Drive
About This Property
This home boasts an open light and bright floor plan with lovely lake views! Formal living room, dining room and oversized family room with cozy keystone coral gas fire place. Enjoy lovely pool and lake views from the spacious eat in kitchen which features new cabinets, granite counter tops, gas cook top, and ample counter bar seating. Private master suite with his and hers walk in closets, jetted tub, shower and French doors out to the tranquil pool area. Enjoy additional outdoor living space in the beautiful paver lanai . Perfect for entertaining any crowd! Close to shopping, local restaurants & the beach! ''A'' rated schools. Florida living at its best!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017