29
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312 Waterside Circle
About This Property
was built in 2006 & has an additional Florida Rm under heat & air. Beyond is a large private back yard w/a white PVC fence.
The eat-in kitchen has wood cabinets, Corian tops, breakfast nook & breakfast bar. A large great rm has built-ins, 9 ft ceilings & there are neutral tile floors throughout the home & new interior paint. SELLER WILL PUT NEW ROOF SHINGLES ON BEFORE CLOSING.
The master has a walk-in closet & the bath has a separate tub, shower & double sinks. The HOA maintains lawn, spraying for pests, fertilizing, sprinkler maintenance & common area maintenance ($160. per month)
Quiet circular street with no thru traffic & quick access to US-I, beaches, water sports & fishing in the Indian River.
Rea River.
Rea
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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