521 Charlemagne Boulevard
About This Property
updating and flooring to be replaced in
back bedroom.The location is great! Walk
to Annex, clubhouse and pool .Everything
just steps away! The lot is 6,098 sq ft and
has a well for irrigation. Would be a great
location for a brand new manufactured
home! HOA fees $431 per quarter and YES
you own the land. Riviera Golf Estates is a
desirable active over 55 community,just 15
minutes from 5TH Ave. and beautiful beaches.
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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 South Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017