50
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314 9TH Street
About This Property
The thoughtfully renovated interior features an updated kitchen that opens to the main living area, creating a bright and inviting space that's perfect for everyday living and entertaining. New flooring throughout gives the home a fresh, cohesive feel, while abundant natural light fills the space.
Upstairs features a spacious primary suite with an en suite bathroom, two additional bedrooms, a full guest bathroom, and a bonus flex space that can easily be used as a home office, study area, or additional storage. Step outside to your own private backyard retreat featuring a sparkling pool, putting green, and plenty of room to relax, entertain, or enjoy the Florida sunshine. Don't miss this unique opportunity in Atlantic Beach!
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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 Beaches
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$8,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017