6 FLAX COURT
About This Property
Enjoy being just a short drive from the pristine beaches of Boca Grande and Englewood, with world-famous Siesta Key-renowned as one of the best beaches in the world-also within easy reach. Outdoor enthusiasts will love the endless options for boating, kayaking, fishing, swimming, and the abundance of nearby golf courses.
Shopping, dining, and local activities are conveniently close, and with three major airports a short drive away, travel is simple and accessible. Bring your vision to life and enjoy relaxed, coastal living in this exceptional Southwest Florida location.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017