3160 Viridian Circle
About This Property
The spacious open-concept layout is ideal for both everyday living and entertaining, with a gorgeous kitchen featuring stainless steel appliances, elegant finishes, and seamless flow into the main living areas. Enjoy peaceful views of the lake and preserve from your backyard, creating a serene setting with no rear neighbors.
This home is move-in ready with a NEW roof, NEW A/C, and NEW water heater. Additional upgrades include luxury custom curtains, a newly installed alarm system, a paver driveway, and a spacious 3-car garage.
Conveniently located in one of West Melbourne's most desirable areas, you'll be just minutes from shopping, dining, entertainment, parks, and major roadways. Schedule your showing today!
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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