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8175 Lyside Drive
About This Property
WHY WAIT 12 TO 18 MONTHS TO BUILD?
THIS STUNNING HOME IS ONLY 9 MONTHS NEW! Gorgeous Lakefront elegantly upgraded home in desirable Reeling Park! Upon entering this home you will be dazzled by the magnificent chandelier that greets you. This two Story offers wood floors, huge breakfast nook, upgraded expansive Chef's Gourmet Kitchen includes designer cabinetry, quartz countertops, stainless Steel appliances and a walk in pantry. Wrought Iron staircase leads you to the 2nd floor! Upgraded light fixtures and fans, triple sliders, soaring high ceilings bringing in lots of natural light. RESORT STYLE LIVING AT ITS BEST! A masterful community with an abundance of amenities including pools, tennis courts, clubhouse fitness and more. Minutes to A-1 schools and The Avenue Avenue
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Mar 25, 2023 | Listed by Brevard County Realty LLC | $890,000 | |
| Listed by Brevard County Realty LLC | |||
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About Viera West
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017