5192 Outlook Drive
About This Property
Spacious flexible open floor plan on private preserve lot. Split bedroom floor plan for privacy. Master suite with sliders to screened under truss lanai. Master bathroom features double sinks, soaking tub and separate walk in shower. Vaulted ceilings. Spacious Kitchen open to great room with sliders to screened lanai with views of the preserve. Dining area as well as living or office area. Indoor laundry room. Walk-in closets. New exterior paint, hurricane shutters, natural gas, irrigation system on well. EZ access to Pineda Cswy, US1 & I-95. Just a few minutes drive to PAFB, Viera shopping, hospitals.
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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 Deer Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017