914 PRINCE Road
About This Property
Boater, Kayaker, Bird Watcher? St Augustine South is the neighborhood for you. This 4 Bed 2 Bath home sits on .21 Acres and backs to county owned land with no HOA! The vaulted ceilings in the living room give off plenty of natural light to enjoy throughout the day. Nature is just outside your door with intracoastal access, 2 public boat ramps, and a boardwalk.
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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