30
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363 Carmine Drive
About This Property
If you've been dreaming of a waterfront property where you can truly make your mark, this is your chance! This rare opportunity presents a home with solid ''bones'' and incredible potential for updates or even adding an additional story to enhance the space and views.
Enclosed Patio over 350 Sq ft. offers additional footage too !
Located in the vibrant Beach Communities of Cocoa Beach and Cape Canaveral, this home offers a unique lifestyle that blends relaxation and adventure. Enjoy easy bike rides to the ocean and embrace the magical coastal lifestyle with your toes in the sand. The property boasts a deep canal perfect for boating and water sports, with 448 square feet of dock and 80 feet of canal footage.
Whether you're an investor or a buyer ready to create your dream waterfront oasis, this property offers endless possibilities. The seller is motivated, so don't miss your chance-come see it today!
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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.
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About Venetian Way
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 3 Beds
- 2 Baths
- 1,982 ft²
$3,200 /mo
- 4 Beds
- 3 Baths
- 1,312 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017