38
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417 9th Avenue
About This Property
The kitchen boasts elegant quartz counter tops & gleaming stainless steel appliances,creating a modern culinary haven. Open floor plan, two A/C's, laminate flooring upstairs & down. Gorgeous updated bathrooms. Private balcony off of owners suite. Hurricane-rated, high-impact windows that provide both security and energy efficiency.
Experience the best of coastal living in a quiet, friendly neighborhood. Walk/bike ride or golf cart to the beach & enjoy sunsets on the river! Zoned for ''A'' rated schools. Enjoy shopping & dining in the heart of Indialantic. Schedule a showing today!
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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 Indialantic by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017