3132 Bernath Drive
About This Property
Don't miss your chance to own one of the last available WATERFRONT lots on beautiful MULLATO BAY. This 80ft WATERFRONT PROPERTY offers the perfect setting to build your custom dream home, complete with stunning waterfront views and unforgettable evening sunsets.
Enjoy direct access to deep water ideal for docking a large boat of if you prefer Destiny Marina just blocks away offers both wet and dry slips. Whether you are a boating enthusiast or simply love the serenity of the water, this lot delivers the best of WATERFRONT LIVING.
An ADDITIONAL ADJACENT LOT is also available MLS# 977098 - expand your vision or invest in the future. Conveniently located near I-10, and just minutes form shopping, restaurants and everyday conveniences.
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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