656 Tanager ROAD
About This Property
2 SIZABLE BEDROOMS WITH WALK-IN CLOSETS ALSO HAS A HOME OFFICE. SLIDERS LEADING TO ENCLOSED LANAI, LG CAGED POOL AREA. YARD COMPLETELY FENCED WITH IRRIGATION SYSTEM. ALSO HAS A SHED, TWO CAR GARAGE, SOLAR WATER HEATER, HURRICAN COVERINGS FOR ALL WINDOWS.
HOME HAS A GREAT WATER SYSTEM, ON WELL & SEPTIC, SO NO WATER BILL! HOME LOCATED IN A FLOOD X ZONE, SO FLOOD INSURANCE IS NOT REQUIRED. MINUTES TO BEACHES, SHAMROCK PARK, NATURE CENTER, SHOPPING & DOWNTOWN VENICE.
CLOSE TO 75 SO EASY ACCESS IF YOU ARE HEADING NORTH OR SOUTH. (WASHER, DRYER, TV DO NOT REMAIN)
You also have an option to join the South Venice Civic Association. You will have your very own access (by ferry) to the private beach and boat ramp with a low annual fee! Sellers are coming back for things in the garage.
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Cap Rate Calculator
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