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3976 Foothill Drive
About This Property
Welcome home! This 3 bedroom/2 bath home located in North Titusville is what you've been waiting for. The paved driveway will lead you inside to find a spacious 3 bedroom/ 2 bath home, with great natural lighting and an open living/kitchen area. Outside, you will find a wooded view in your backyard plus plenty of space to store boats/toys or for pets and/or kids to run! This home also boasts a two car garage PLUS extra RV/boat garage with a built in workbench/shelf. Close to elementary, middle, and high school and grocery store! Chain of Lakes Park and Nature Trails nearby. Close to Indian River, rocket launch viewing, space center, and within 45 minutes of New Smyrna, Cocoa, and Playalinda Beaches! Easy access to I-95.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017