8815 SE 57TH DRIVE
About This Property
The property boasts practical amenities including two convenient storage sheds, insulated foam underneath for energy efficiency, and a brand new water softener system. All major appliances-refrigerator, stove, and washer/dryer-are included, making your move-in seamless and worry-free.
Enjoy Florida's sunshine in your generous outdoor space, perfect for gardening enthusiasts or those seeking room to breathe. The property offers ample parking options for your vehicles and toys.
Located within a reasonable distance to everyday conveniences like Publix and Walmart Supercenter, while still maintaining that peaceful rural atmosphere. For weekend entertainment, Seminole Brighton Bay Hotel & Casino is just a short drive away.
Your refreshed, ready-to-enjoy country retreat awaits!
All measurements are approximate.
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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