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485 Willowbrook Drive
About This Property
Located in the desirable Greenbriar area, this property is surrounded by newer homes and offers convenient access to shopping, restaurants, schools, parks, and major roadways, making travel to Fort Myers, I-75, and Southwest Florida's beaches simple and convenient.
Enjoy the freedom of designing and building a home that fits your lifestyle in one of Southwest Florida's fastest-growing communities. Whether you're looking to build now or invest for the future, this property offers exceptional potential.
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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 Richmond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017