425 Grant Avenue
About This Property
treatments, crown molding, granite countertops, landscape curbing, outdoor fire pit, sprinkler system, hurricane shutters, hardwood floors, ceiling fans, garbage disposal, motion sensor kitchen faucet, rain shower master bath. New roof and HVAC duct work 2024, AC replaced 2021, windows 2011, driveway and patio pavers 2011. New Eastside fence in progress.
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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 Eau Gallie Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017