607 Winterside DRIVE
About This Property
Homeowners in MiraBay have many amenities to enjoy such as a community pools, fitness center, cafe, water access for Bay Fishing, running trails and countless wonderful neighbors to help you pass the weekends.... it's an all-around great community to live in.
Florida living is found in this Key West style home that sits on a premier preserve lot overlooking an untouched and protected 500-acre natural habitat in the Apollo Beach area. The Bay Breeze portion of MiraBay is tucked away in a gated slice of paradise that turns visitors into residents.
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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 Apollo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017