25
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7258 Broderick Drive
About This Property
Home Features a Bright Open Floorplan with Elegant Entry and Vaulted Ceilings, Tile Floors in Living Areas and Carpet in Bedrooms. Dream Kitchen with Bay Window Breakfast Area, Corian Counter-tops, Breakfast Bar and all Appliances. Relax on the Enclosed Patio, which dramatically increases the home size. This Gated Community offers everything from 21,000 sq. ft. Clubhouse with Activities, 24 hour gym, Tennis Courts and a heated resort-like pool and spa. Nearby find Golf Courses, New Hospital, Restaurants and Shopping Areas in Viera, and just a short drive to the Brevard County Beaches on the Atlantic Ocean.
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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