53264 CLEAR LAKE Drive
About This Property
Check out this beautiful brick home located in the highly sought after neighborhood of Clear Lake Estates in Callahan FL! This home sits on a huge lot. This home features 3 bedrooms and 2 full baths. It also has an office and a dining room area that has a wine bar with a wine cooler that conveys with the property! In the backyard you will see the huge enclosed pole barn/workshop where you could store a boat, work on cars or just make a hangout spot! There is also electric hook up for a camper on the outside of the workshop. This home will not last long, call and schedule a showing!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017