3275 Villa Espana Trail
About This Property
Time to retreat with family and friends from this complex world to your own private 5 acre estate, ten minutes from Melbourne Beach. The current residents have transformed this paradise to every luxury convenience and security you will ever need from a back up generator system to a professionally landscaped garden around the pool and spa area to your very own bamboo garden right from Japan.
There are 100 oak trees dappled with the beauty of century age old moss.
Take your kids or grandkids fishing in your spring fed pond. Modern upgrades are everywhere in the main house and a guest house.
The guest cottage is 1,169 square feet and perfect for a mother-in-law suite, family compound or man cave '||chr(10)||''||chr(10)||'The house has a complete security system with brand new personal entry gate, and cameras that surround the entire property which can be viewed on your smart phone. '||chr(10)||'The pond is fed from an artisan well, supplying water to the entire 5+ acres. A property such as this, is perfect for someone who yearns for privacy, while still in the center of town, within close proximity to the Mall at Viera, Restaurants, Movie Theaters, I-95, the Airport, the famous white sands of the Melbourne Beaches and a quick car ride to the theme parks of Disney, Universal and all that Orlando has to offer. '||chr(10)||'This one-of-a-kind property has so much to offer and is ready for the most discriminating Buyer. '||chr(10)||''||chr(10)||'
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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%.
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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.
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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