626 OCEAN JASPER Drive
About This Property
Never been occupied, spacious 3/2 with an additional large flex space. Flex space can be used as a family room, play area, office or converted to a 4th bedroom. This SMART HOME, can be operated from anywhere, via an app on your phone. Split floor plan, large bedrooms and bathrooms with double sink vanity. Walk in shower in the owner's suite and tons of storage space. Open floor plan, tile floors for main living areas, lots of upgrades. Enjoy the privacy of a large yard and lanai that's perfect for entertaining. Plenty of room for a pool. Community pool and playground. LOW HOA and NO CDD fees!
*The family is selling due to changes in the economy, in combination with changes to the family finances and their overall housing needs.*
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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