411 Sunnyside DRIVE
About This Property
When you first walk-in you notice the open living area that leads to both your dining area and kitchen. The kitchen features recessed lighting, granite counter tops, beautiful cabinets and a stainless steel appliance package. Home has beautiful vinyl flooring, both bathrooms have beautiful vanities & tile flooring. The bedrooms are both spacious, bright and have walk-in closets. The garage has washer- dryer and a newer Water Heater. Outside is a covered/screened lanai looking out to your large backyard with a canal and privacy. Venice East has it's own golf course and is convenient to beaches, shopping, restaurants. New hurricane windows installed last yr with exception of 2 windows which have hurricane shutters. Home on public water and sewer. AC 2 yrs old
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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