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422 WHEATFIELD Court
About This Property
Welcome to this well-kept pool home in the desirable community, Harvest Bend in Fleming Island. You will love all of the features this home has to offer, including the brand new roof, gorgeous hard wood flooring, ceramic tile, granite counter tops, tile backsplash, stainless steel appliances, spacious master bathroom with double vanities, large walk-in shower, separate dining room, living room, in-door laundry room, and a family room that leads out to the screened-in back porch. Enjoy the outdoors swimming in the pool, hanging out under the detached lanai, or roasting marshmallows by the fire pit.
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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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017