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7137 Broderick Drive
About This Property
3 Bedroom plus Office off Master, 2 Bath & 2 Car Garage is a must See! Kitchen is Open & Spacious overlooking the family room. Built-in desk & granite countertops!
Well maintained home waiting for new owner! Move in Ready!!!
Located in a Award Winning 55+ Active GATED Community of Heritage Isle in Viera! Community offers two resort style heated pools, 4 tennis crts, 2 pickle ball crts, bocce, shuffleboard and the Clubhouse is over 21,000 sq ft with Billiard room, Ballroom for Entertainment, Bistro, Aerobics Studio, Game Room, Card Room, Computer Cntr, Library & huge Fitness Center....SOMETHING FOR EVERYONE! Only 15 minutes to Beaches & 45 minutes to Orlando Airport. Shopping at the Avenues (outdoor mall), Restaurants, Hospital, Duran Golf, Zoo are all a golf cart away! This is a golf course community!
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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 Heritage Isle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017