26
Map
726 Miles Drive
About This Property
Inside you'll find a kitchen that's ready to impress with beautiful oak cabinetry, sleek quartz countertops, and a center island perfect for morning coffee or entertaining guests. The open layout keeps things flowing nicely, making everyday living feel easy and comfortable.
Now let's talk about those solar panels on the roof. Lower energy bills? Yes, please. That's money back in your pocket every single month, and it's a huge bonus whether you're planning to live here or turn this into a rental property. Speaking of which, the rental income potential in this area is seriously worth considering.
Out back, you've got a patio that's begging for weekend cookouts, plus a generous 20 x 15 detached storage building for all your tools, toys, and holiday decorations. The partially fenced yard gives you a great starting point for customization.
The location is a winner too. John B. Gore Park is just a short distance away, and you're conveniently close to Tyndall Air Force Base, Rutherford High School, and local healthcare options. Northwest Florida Beaches International Airport keeps travel simple when wanderlust strikes.
With solid bones and plenty of renovation potential to add your personal touch, this property is a smart investment waiting to happen. Schedule your showing today!
*Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*
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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