3171 Gatlin Drive
About This Property
Fabulous 4 Bedroom, 3 Bath Custom Pool Home in the Highly Sought-after Ravencliffe Community of Viera. This Gorgeous Water-Front Home is Move-In Ready and has so much to offer including a 3 Car Garage, Beautiful Screened-In Pool with Solar Heating, Custom Crown Molding, Fenced-In Dog Run, Newer AC unit, Hardwood Flooring in Kitchen, Dining and Living Room Areas and much more!! The Spacious Kitchen offers Granite Counter Tops and Stainless Steel Appliances. This Split Floor Plan Home is Situated on a lot with Northern Exposure and Stunning Lake Views and is complete with Lush, Tropical Landscaping. With this Prime Location in a Golf Cart Community, You'll Enjoy 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017