85798 BLACK TERN Drive
About This Property
Office with water view perfect for working at home during the pandemic. You're a short drive from shopping, the beaches, nearby parks and historic sites and so many fun activities. If you're crazy about cars, the annual Amelia Island Concours D'Elegance is where all the cool kids go to see some of the best art on wheels. Great schools for your kids. Low HOA with many amenities. Come see this house TODAY TODAY
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017