37
Map
7 Annette Drive
About This Property
Double Wide Manufactured Home on your own .26 ACRE LOT. NO FEES! Huge Kitchen with New soft close cabinets, all NEW Appliances, including Washer and Dryer and Hot Water Heater. Plenty of Space with the Pantry, Breakfast Nook Area & Laundry Room. NEW WINDOWS, NEW CARPET AND WOOD LOOK LAMINATE. Beautiful Light Open Living Area with Wood Burning Fireplace, Big Screen TV included in Sale. Dining Area with Bay Window, Split Plan with Huge Master Suite and Walk In Closets. New Light Fixtures, Newer AC and Roof. Lovely Covered Front Porch and Extra Concrete Slab for your RV/Boat Parking. Centrally Located Near Shopping, Restaurants, Melbourne International Airport, I-95, Fresh Water Fishing from Camp Holly, and 8 Miles to Indialantic Beaches & Indian River River
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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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About Paulana East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017