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6060 RUM COVE DRIVE
About This Property
Tucked away in a peaceful island setting, Rum Cove Estates offers a rare combination of privacy, serenity, and an unmatched connection to nature. Wake up to gentle sea breezes, spend your days exploring pristine beaches and nearby waterways, and enjoy the laid-back lifestyle that island living is known for. Whether you're searching for a seasonal escape, a luxury vacation home, or a private waterfront retreat, this community provides the perfect backdrop to bring your vision to life.
Although Rum Cove feels worlds away from the hustle and bustle, everyday conveniences remain within easy reach. A short ferry ride connects you to the mainland where you'll find shopping, local restaurants, championship golf courses, marinas, and all the amenities needed for comfortable year-round living.
With endless possibilities to create a home tailored to your lifestyle, this is your chance to own a piece of Southwest Florida paradise in one of the area's most unique and secluded communities. Don't miss the opportunity to build exactly what you've been dreaming of in beautiful Rum Cove Estates.
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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