3535 Burdock Avenue
About This Property
Minutes away from A Rated schools. Minutes away from Hammock Landings shopping. This home is located in the very sought after West Melbourne community Crystal Lakes West. This community is Gated. Low HOA of $500. This 4 Bedroom home features all 4 bedroom on the 2nd floor. Half Bathroom on the first floor.
Spacious Kitchen with Granite Counters & Stainless Steel Appliances & Above above average sized pantry. Formal Dining and Family Room on the 1st floor. Screened Roof Trussed Patio. Large Backyard with endless possibilities. This home offers great curb appeal with front porch, exterior stone finish & large driveway.
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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.
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017