Wow!! Beautifully Updated 3 Bed/2.5 Bath Home with Rare Screened-In
Covered Extended Patio/Lanai, Perfect for Entertaining. Open Modern
Kitchen has Top Notch Appliances, Granite Counter-Tops, Diagonal
Tile Backsplash & Separate Windowed Breakfast Area. Spacious Great
Room (Living /Dining Areas). Large Owner's Suite has an Updated
Bathroom Plus 2 Shelved Closets. 2nd & 3rd Bedrooms have a Shared
Bathroom. Tile & Plank Wood Floors, HURRICANE IMPACT GLASS &
ACCORDION HURRICANE PROTECTION. 2 Car Garage with a Super Extended
Driveway. AC Units 2018/2023, Water Heater 2017. Ideally Located.
Evergrene has Resort-Like Amenities, Minutes to the Beach, Tennis
Center, Public Golf Courses, Restaurants, Shops & Airport. "A"
Rated Schools.
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.
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