649 Apalachicola ROAD
About This Property
LOCATION, LOCATION, LOCATION...Home is Conveniently Located in Close Proximity to Venice Beach, Brohard Paw Park & Beach, Caspersen Beach, Downtown Venice, Venice Theatre, Amazing Restaurants, Shopping, Publix, Public Parks Including the Venetian Waterway Park & Legacy Trail, Hospital, Tennis Courts, Basketball Courts, and Many Other Desirable Destinations. You need to see this home to "feel" its special atmosphere. Please don't miss this rare opportunity and book your private showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017