386 Concha Drive
About This Property
Highlights:
-150 mph hurricane windows on the enclosed patio.
- +Accordion shutters throughout.
- 2-year-old roof with upgraded shingles and insulation.
- Reverse osmosis water in kitchen; whole-house water treatment system.
- A/C & Water heater 8-10 years old
- Split floor plan.
- Waterfront and wooded lot on a canal with a seawall.
-Elevated deck with water view.
Extras:
-Fruit trees
-Large enclosed patio
- Backyard shed
Move in and update as you go. Ready to consider all reasonable offers. Don't miss this chance to make it yours!
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Cap Rate Calculator
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 Sebastian
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017