3957 Bayberry Drive
About This Property
Terrific large screened tiled patio overlooks nice garden yard.
Shows like a model with many features, updates and improvements. This one has it all and is MOVE IN CONDITION! Low HOA includes community pool,tennis, wide streets, sidewalks and more. Private quiet area yet close to downtown, beaches and everything Brevard has to offer.
Perfect for new buyers,retirees or snow birds.
Great House, Great Location, Great Price. Hard to find a home with this many features for the money in Melbourne! Schedule your tour today best in its class!!!
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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 Bayberry Estates
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$2,000 /mo
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$2,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017