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61 W Rubber Tree Drive
About This Property
Floor plan boasts: ALL TILE, split bedroom floor plan, bay window, living, dining and Florida room with tongue and groove ceiling. Primary has two-walk in closets with generous sized bathroom, soaking tub, walk in shower, bidet, dual sinks. Interior laundry with full-size washer and dryer.
Additional features; large entry porch, PebbleTec Pool (08)A/C (2022) Septic (sewer) CITY WATER, WELL for irrigation, 500 Gallon Unground GENERATOR Detached man cave/workshop, carport and Full Hurricane Protection
Enjoy outdoor living & entertainment in your private oasis; POOL w/ slide, fenced backyard, artificial turf, Gazebo for BBQ, waterfall pond and screened porch. No HOA! Conveniently located near Turnpike.
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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 Florida Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017