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3528 Viking Drive
About This Property
The bedrooms offer comfortable living spaces, complemented by two full bathrooms. Recent improvements include a roof replacement in 2019, enhancing the home's durability and appeal.
Located just off Highway 77, 3528 Viking Drive offers convenient access to both Panama City and Chipley, allowing for a quiet, suburban lifestyle with easy connectivity to urban amenities. This property is an excellent choice for those seeking a serene home environment with the benefit of easy travel to nearby cities. Discover the potential of making 3528 Viking Drive your new home.
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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