481 Blakey Boulevard
About This Property
Only a few lots away from the open Banana River and Thousand Island Chains. Just pristine Florida Living where you can walk out your back door , jump on your stand up board or boat and be in one of the most beautiful areas in Brevard.
Boat lift and sea wall 2005 . Sparkling Salt Water Pool is surrounded by pavers for a totally serene place to swim after your day on the water. Spacious screen patio with room for seating areas and dining al Fresco.
Home boast almost 2000 sq. feet with 4 bed and 3 baths , split plan. Whole House Generator and Hurricane Shutters for worry free living.
Finishing touches like Crown Molding , Plantation Shutters and Granite Counte tops. Lush Landscape and Curb Appeal already for you. Wonderful Mango Tree in the front yard. Storage in fully fenced side area with Shed for all your toys etc. Come live like you are on Vacation all year long !
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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 Convair Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017