7529 STATE ROAD 13
About This Property
To the rear of the property is a cute 586 s.f. guest house with stucco and stone exterior and a shingle roof. This structure currently has 2 window AC units and the owners have a recent quote to add HVAC for $5-$6,000. The space is small but well planned, including an eat-in kitchen with all appliances, a cozy living area, a bedroom with 2 large closets, and a tiled bathroom with a large shower, pedestal sink, and another large closet.
A detached 744 s.f. metal carport on a concrete slab is large enough to house your RV and boat, lawn equipment, etc. all of which make this the perfect sportsman's paradise! It is conveniently located close to the intersection of SR 16, providing easy access to shopping, A-rated schools, and I-95.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2017 | Sold | ||
| Sold | |||
| May 28, 2017 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $349,900 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017