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6116 Isla Street
About This Property
This is no cookie cutter house!--It's perfect for anyone who loves a true vintage home. From the wood paneling, & wooden cabinets to the cozy fireplace, this home will have you feeling like you live in a cabin, deep in the woods.
Ideal location!--You'll feel tucked away from all the noise, but still only minutes away from just about everything! It's close to the mall & other shopping plazas, restaurants, and Downtown Melbourne. Only 10 minutes away from the River, or if the beach is more your scene, you're only 15 minutes away from Indialantic Boardwalk.
Has BRAND NEW roof, NEW indoor & outdoor AC units & is freshly painted!
Don't miss out on this this amazing home!
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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 West Melbourne
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$2,200 /mo
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$1,925 /mo
- 3 Beds
- 1 Bath
- 840 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017