667 Walnut Drive
About This Property
Welcome to this nicely maintained ranch style POOL home, perfectly situated in the heart of Melbourne's Greentree Park.
Offering 1200+ sqft of inviting living space, this home has a spacious primary suite features a walk-in closet and en-suite bathroom. Two additional bedrooms provide ample space for family, guests, or a home office. The kitchen includes granite countertops. The house features tiled flooring throughout. The seller will install a new roof and AC prior to closing.
Step outside to a large yard, ideal for relaxing or hosting gatherings. Additional highlights include 2 car garage, a screened porch, and an inground pool.
Located near Holmes Regional Medical Center, Rt US 1 and Rt 95. Schedule your 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