32 Wheatfield DRIVE
About This Property
The Pine Lakes neighborhood is central to all amenities of Palm Coast and approximately one mile to US Route 1 for easy commutes North to St. Augustine and South to Daytona/ This neighborhood boasts having a 3.1 mile, paved multi-purpose path, convenient for walking, biking and running with park benches along the route for resting. This neighborhood is in close proximity to golfing, shopping and Flagler 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 Pine Lakes
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Currently no similar homes aroundNearby Rentals
$1,980 /mo
- 3 Beds
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$2,000 /mo
- 3 Beds
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- 1,575 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017