604 CUMBERLAND Drive
About This Property
Flagler Beach is a quaint beach community located between the Atlantic Ocean and Intracoastal Waterway. With St Augustine to the north and Daytona Beach to the south, there's never a shortage of fun things to do. Or you can choose to enjoy six miles of beaches, fishing pier, restaurants with oceanfront views, or casual shopping right at home in Flagler Beach. Near by are shopping centers and medical facilities in Palm Coast for your convenience.
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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 Flagler Beach
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$2,100 /mo
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- 900 ft²
$3,250 /mo
- 2 Beds
- 2 Baths
- 1,201 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017