3236 River Drive
About This Property
This beautiful home has so much to offer in a private nature setting on the water.
The homes rooms are generous in size with the owners suite offering plenty of room for a sitting/office area. A nook room is situated on the third floor and converts to a cozy office/reading room with great views. Impact windows grace the home so no need to worry about shutters. The kitchen is one of a kind with plenty of room for entertaining and plenty of storage/cabinet space, while the washer and dryer features its own closet. The floor plan flows well and is light and bright with doors opening onto the beautiful wrap abound porch to enjoy morning coffee or a glass of wine in the evening while over looking the beautiful North Fork of the St. Lucie River. Picturesque hammock areas with incredible oaks and many fruit trees that must be seen to be appreciated.
Bring your boat and RV plenty of room for them as well. The long driveway offers plenty of privacy, while the home is still centrally located close to the beach, shopping and dining.
COUNTY WATER IS AVAILABE FOR HOOKUP.
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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 Fort Pierce South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017