8814 Cagle Drive
About This Property
Enjoy year-round relaxation in the large enclose Enjoy year-round relaxation in the large enclosed lanai with Mexican tile and abundant windows overlooking the tree-filled backyard, or unwind in the expansive Florida room accented with cedar and walls of windows for serene, natural views. Sliding glass doors open to the backyard, where two brick patio areas provide ideal spaces for entertaining. Additional highlights include a metal roof with secondary water barrier, hurricane shutters, inside laundry leading to the double garage, and a boat carport with concrete platform. Two large 8x10 sheds offer excellent storage to keep the yard neat and organized. This well-maintained home combines durability, thoughtful updates, and inviting outdoor spaces an exceptional find in a private setting. Enjoy being 5 minutes from the beach and only 15 minutes from Hurlburt! Come see this adorable home 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