4083 SE Old Saint Lucie Boulevard
About This Property
Close proximity to the Saint Lucie Inlet is a major benefit of this location with no bridges impeding access to the ocean. Enjoy wide water views and a regular, cooling sea breeze as you relax while the aqua colored river glides past you on its daily journey to and from the ocean. Come and go with ease via the private airport just minutes away or equally convenient 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.
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017