820 SE Stafford Drive
About This Property
Key features include impact-resistant glass windows and doors, a recently installed metal roof, and updated split-zone air conditioning units. The property also includes a carport and a detached two-car garage. Solar panels that will impact the cost of the monthly rising electric bill
Situated on a generously sized oversized lot, there is ample space for the potential installation of a swimming pool. The location is advantageous, as it is in close proximity to a variety of dining options in downtown Stuart, Stuart Beach, and the renowned Sunday market. This residence represents a valuable opportunity in a highly sought-after area; all set on a large lot with room for a pool.
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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 Stuart
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017