899 Spirea Drive
About This Property
Inside, the light-filled split floor plan features vaulted ceilings, a formal living room, and a spacious family room anchored by a stunning double fireplace. The eat-in kitchen flows seamlessly into the formal dining room, making entertaining a breeze. Retreat to the primary suite, complete with double sinks, a modern walk-in shower, and a deep soaking tub. The star of the backyard is your own screened in private pool and patio--perfect for warm afternoons and weekend barbecues. Best of all? There is NO HOA! Enjoy total homeownership freedom.
Just minutes from 95, shopping, dining, beaches, Space Center, cruise terminals, attractions and airports.
Roof-2020, AC-2018-Carrier, home completely re-plumbed thru the attic in 2014.
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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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About Pine Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017