705 Endicott Road
About This Property
Updated Kitchen with a chef delight gas range, plenty of cabinets and counter space. Spacious screened porch with Florida pine ceiling that overlooks lushly landscaped, scenic back yard. Recent upgrades Roof 3/18, Impact windows 11/18, New Tile 11/18,A/C Lennox 3.5 ton 16 seer 10/17, and garage door opener 2020 Oversized indoor laundry room with utility sink, and pantry. All this on manicured .38 acre lot. Plenty of room to add a pool, and/or play set.
Convenient to A-rated schools, beach, I-95, Viera mall, dining, and Patrick
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017