513 Dona DRIVE
About This Property
2 Bedrooms with a Den/Office, 2 Bath, Florida Room in the back with Great Water Views of Susanna Lagoon leading out to Dona Bay and then the Gulf of Mexico, 2 Car Garage with Workshop. Lemon tree in the front yard, Shed is in the backyard, Mature landscaping, Concrete Seawall, No HOA or CDD. 2 Miles or 5 Minutes drive to Nokomis Beach, Bike around the corner to the Legacy Trail. Walk, Bike or Boat to Nokomo's Sunset Hut for Dinner or Lunch. Watch the fish jump from the Lanai and listen to the birds in the trees, Boat or Kayak to Snake Island 1 1/4 mile out, Large friendly Manatee around the bend, 1 tall bridge to go under on Dona Bay, enjoy the Inter-coastal waters and then off to the Gulf of Mexico. Furnished and ready for you. Some dream, others live the dream. Call for a showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017