4508 SE Salvatori Road
About This Property
2duplex for sale..2..3 bed units. Huge fenced back yards very private. Newer ac units, very well maintained. No association fee..cash cow. Owner says sell!!! Investors dream buy one and rent out the other. Also, might have two families side by side or friends. If you really wanted you can connect the two and have a six bedroom. Right now one side rented on a month to month $1,250 the other one is being updated new bathroom, new paint, landscape. Looking at zillow zestimate you could get 1400 a month rent. 189,000 each for sale based on zillow. Plus check the comps, great deal. Great location. Nice backyard. Close to the beach.
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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%.
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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 Port Salerno
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Currently no similar homes aroundNearby Rentals
$9,900 /mo
- 3 Beds
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- 1,928 ft²
$5,000 /mo
- 2 Beds
- 2 Baths
- 1,338 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017