3948 CARDINAL BOULEVARD
About This Property
Relax on the back porch and enjoy stunning sunsets or unwind on the front porch while listening to the ocean waves.
Just one beach buggy, one good book, and a Bluetooth speaker away from paradise this is Florida living at its finest.
Conveniently located close to shopping, dining, and entertainment, and close to both the river and the beach
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017