8475 Calais N
About This Property
The large open area adjacent to the kitchen can be used as a dining room, Den, or office that also leads out to the paver patio with an unobstructed view to the Clubhouse.
Unit 5 in Vendome is unique in it is the only area that allows pets!!
Vendome has a resort-like pool and large club house as well as shuffleboard courts and horseshoe pits. The Condo association fee includes Water, Sewer, Trash , cable and internet, as well as exterior yard maintenance. Vendom is centrally located and only a 15 minute drive to our World Famous beautiful Gulf beaches. There are also several restaurants and shops nearby. BOTH DOGS AND CATS ALLLOWED IN UNIT 5 !!!! So Hurry!!Don't delay in getting this rare 2 bedroom to call YOURS!
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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