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914 Ridge Lake Drive
About This Property
Welcome home to this beautiful, lovingly maintained lakefront Suntree home! This big 2-bed home has a large den that could easily be Bedroom 3. Vaulted ceilings and skylights are light, bright and airy, and lots of windows provide abundant natural light and stunning waterfront and golf course views! Huge 600sf garage. Pride of ownership shines throughout with meticulous maintenance and care--move right in or change to suit your taste. Best location in Brevard: convenient to A-rated schools, jobs, shopping, dining, healthcare, more. 2021 HVAC and roof = cheap insurance and utility bills for you. Enjoy your weekends! The HOA takes care of lawn, exterior maintenance, roof, more.
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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