22
Map
6910 S Highway 1
About This Property
This 3 bedroom 2 bath Block home is set up for entertaining with a large screened patio that connects to an oversized 1 car garage. The back yard includes an 18 x 41 x 14 ft tall Storage/Carport for all of the Big Boy Toys! This property offers Million Dollar Sunrises and Sunsets. Looking for the buyer that wants an Air BnB, a perfect 2nd home or Simply excited amount Water Front Living.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2021 | Sold | ||
| Sold | |||
| Jan 9, 2021 | Listed by RE/MAX Aerospace Realty | $495,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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About Grant-Valkaria
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Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 893968
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017