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4124 Caladium Circle
About This Property
Open plan concept family room and kitchen .Granite counters ,stainless appliances and breakfast bar make this kitchen a delight. Master bedroom has two walk in closets , step in shower and dual vanity .Large laundry room inside . Plantation shutters on all windows. Accordion hurricane shutters on all windows and doors . Great backyard totally fenced and double access gates . Handicap accessible with sloped access and an extra wide paved driveway.Two car garage with epoxied floors . Screened patio with tiled floor is great for entertaining , pavers have been extended to enjoy your private outside space . Tankless water heater , water softener and filtration system . Don't wait on this !!
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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 West Melbourne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017