3940 Long Leaf Drive
About This Property
Less than 15 miles to the Ocean and great shopping in Viera. This 3 Bedroom 2 Bath has a true split floor plan with wide open rooms in the middle. The Salt Water Lap Pool is lakefront with a phenomenal view. Primary has a walk in Shower, Dual Closets and Sliders to the pool. Sliders from living and breakfast room as well. Jacuzzi tub in 2nd bath. Plenty of Closets for all your stuff!! A few updates and you are good to go. Roof 2015 A/C 2010 Water Heater 2021
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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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About Pineda Crossing
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017