7315 Emma ROAD
About This Property
A super Master suite with double sinks, oversized shower, water closet and huge walk-in closet! On the far side of the villa you will find a den/office with built in desk and storage cabinets, granite top and pocket doors for privacy. Across the hall is a second bath and the guest bedroom with another walk-in closet. Before entering the two-car garage, you will pass by the laundry room with set tub and additional
Palma Sola Trace has a beautiful Clubhouse, state of the art fitness center, and spectacular heated pool with both sun and shade and bathroom access. Close to Anna maria Island and many restaurants and shops.
Some furniture may be purchased outside of closing.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017