693 Gossamer Wing Way
About This Property
Open Concept Hampton Model, 3/2 home with lovely lake view from the(47x15) screened in patio. The home also offers a custom(28x22) 2 car garage offering additional space. The property is in a Premiere Gated Community in the heart of Sebastian. Sebastian Mun. Golf Course adjoins the Community. This home has had the following upgrades made: Exterior and Interior paint, Patio screening completely re-done, Sprinkler system, All new gutters, Brand New Artesian Well. This home is a must see, just minutes from the Indian River.
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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