799 SW Tanglewood Trail
About This Property
St. Lucie River. Located adjacent to a preserve; this home is private & serene- private dock is approximately 77 ft with 2 boat lifts. Protected Deep water! Direct access to the Okeechobee waterway and the St. Lucie Inlet. Unique opportunity to own a 2 bed 2 bath main home, a guest house with 1 bed 1 bath & a kitchen. Home also offers a detached shed that could also be used to store a small car (has garage door opener). Home has been meticulously cared for; lush tropical and mature landscaping, fresh paint, complete impact glass, and all new stainless-steel Kitchen aid appliances. Home features terrazzo floors, shiplap, white brick details, multiple storage closets with built-ins and a spacious laundry room! Once you experience this serene riverfront beauty you'll never want to leave!
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017