65 MOUNT VERNON LANE
About This Property
The versatile 5th bedroom is ideal for an in-law suite, home theater, or playroom. The spacious primary suite features dual sinks, a soaker tub, walk-in shower, two walk-in closets, and private access to the screened lanai and pool. The open kitchen overlooks the family room with a fireplace and connects seamlessly to the breakfast nook with pool views. Additional living spaces include a formal dining room, formal living room, and a second living area off the kitchen-perfect for entertaining.
Enjoy outdoor living in the screened lanai with an in-ground pool and attached spa, surrounded by beautiful landscaping. Completing the home is a 2-car attached garage and a setting that offers easy access to shopping, dining, and all that Palm Coast provides.
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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 Pine Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017