36
Map
620 Inlet Drive
About This Property
Lovingly maintained by its owners, this residence has great bones with cathedral ceilings and a warm, comfortable feel the moment you step inside. The current floor plan features 3 bedrooms and a huge loft, creating flexible spaces for guests. With thoughtful reconfiguration, the home could easily be transformed into a true 4-bedroom residence.
Whether you keep the layout as is or update it to suit your vision, the generous lot size and prime Estates location make this a standout opportunity on Marco Island. Combine the home and vacant lot and create your dream compound to spread out and entertain.
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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 Marco Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017