537 FLORIDA Boulevard
About This Property
LOCATION! LOCATION! LOCATION! This adorable 3 bedroom home is just a few blocks from the ocean, across the street from Jarboe Park, and walking distance to the best schools! Feel the ocean breeze, enjoy the huge fenced in back yard with room for a pool, and live your best life at the beach!! This home boasts the original hardwood floors and so much character within. Investors special or bring your family and make it everything you've dreamed of. Priced to sell quickly so don't let it pass you by!!
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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 Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,144 ft²
$2,895 /mo
- 1 Bed
- 1 Bath
- 687 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017