36 NW Holmes Boulevard
About This Property
With a double-wide driveway and additional covered parking, your vehicles and toysfrom boats to campersfind their place. And for the beer aficionados, the kitchen's built-in mini-fridge and kegerator elevate any gathering.
Nestled just 15 minutes from Eglin Air Force Base, 10 minutes from the gulf's sugary sands, and within easy reach of premier shopping and dining, this home is a sanctuary in the city's vibrant embrace. Here, you're not just close to the action, you're at the soul of itall with the tranquility of a suburban retreat. Discover the life you've imagined; it's waiting for you here.
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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