6800 Cedar Avenue
About This Property
Beautiful well-maintained pool home on half an acre in the original Hundred Acre Woods of Port St John with NO HOA. This home features 4-bedroom 2 bathroom open/split floorplan. Hardware floors in formal dining and master laminate in guest bedrooms tile throughout the rest. Large laundry room with added cabinets for more storage. Master suite features a door to the pool/hot tub deck, soaking tub and large walk in closet. Lots of natural light with sliders and a set of French doors leading to the pool deck. The guest bathroom even features a door out to the pool deck. Home is equipped with hurricane shutters which is a must in Florida.
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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