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3517 Province Drive
About This Property
Start with the extra security of a gated community, add a lakefront Full 1 Acre Lot, and then check out your new 3886 sqft 1.5 Story Home!
The home has 4 (can be 5) bedrooms, 3 full baths, a large master suite overlooking the lake. The master bath includes his/hers closets, dual vanities and a double walk in shower.
The Gourmet Island kitchen is open to a large family room and includes granite counters and stainless steel appliances.
The formal dining room and formal living room are great for entertaining! The double door study will allow you to work from home...yet shut out the world! The 2nd Story Gameroom is so large you must see it to believe it!
Also...a true 4 car as well as a beautiful fire pit that overlooks the lake! The double back patio is great for entertaining as well as family meals that will allow your family to enjoy our beautiful Space Coast weather!'||chr(10)||'Add to this great value the highly rated Brevard County School System, close proximity to shopping and medical facilities, and easy commute to I-95 and all our local Aerospace Companies...and you can see why this home will not last long!
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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