21
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702 Florida Avenue
About This Property
3 bedroom, 2 bath split plan home located in the historic Oakland Park district of Ft. Pierce.
The front porch welcomes you inside to find original hardwood floors,
graceful archways, a wood burning fireplace, formal dining room, den, kitchen
with wood cabinetry and granite countertops plus newly renovated bathrooms.
Located on a corner lot this house features fiber-cement siding, metal roof, outdoor
shower, and beautiful landscaping with huge oak trees. A fenced back yard includes
a paver patio and paver parking pad with room for a pool. Conveniently located near downtown Ft. Pierce, bike/walk to the Farmer's Market, Library, Backus Museum, Friday Fest, Sunrise Theatre, riverfront parks and restaurants
and breweries.
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Cap Rate Calculator
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 Fort Pierce
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017