703 NE 24th AVENUE
About This Property
Acres. Truly a Turnkey Home as the home features countless upgrades such as 20x20 Steel tubing
Reinforced Metal Building (door 10ft x 8ft tall) Standing Seam Metal Roof, Hurricane Impact Doors and
Windows Throughout w 10 Yr Warranty, Impact Garage Door, Seamless Gutters, Lifetime Warranty
Epoxy coated garage flooring, Custom master bath with Cabana Oasis tile and backsplash accents,
modernized hardware, door handles, LED track lights, and remote ceiling fans, new paint inside and out
with 5/1/2in thick baseboards, 25 + Redesigned Gourmet Kitchen Cabinets soft close, 60x40
kitchen sink and granite countertops, new whirlpool gas oven, new propane tank, 2022 AC AND 2024
Water Heater, City Water conversion, 120 ft well with Four Zoned Irrigation System, 42 pallets of SOD, six
trucks of asphalt 2, 30x30 concrete slab added, roughly 40 trees removed to open the lot for additional
space and parking. Additional features list upon request. This meticulously maintained home is truly a
must see in Okeechobee County, where you can avoid the hustle and bustle of the crowded and tax rising
adjacent cities. This beautiful home is ready for its new owners to enjoy living the peaceful scenic
serenity that this town has to offer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017