89 W BLUE CRAB Loop
About This Property
This 4 bedroom/ 3.5 bath house has two master suites, one located on the first floor and the other located on the second floor. Every bedroom has a connecting balcony or patio with private access. The 3rd floor tower has panoramic views of Seacrest Beach. Home has a large open living/dining/kitchen area and is located across the street from a large green space. Very close to Seacrest's 12,000 square foot pool. 30A Escapes is offering the new Buyer a 2015 Rental Guarantee of $50,000. Minus the management fee the NET NET Guarantee to the Buyer is $36,000!
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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