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927 Wimbledon Drive
About This Property
3 bedrooms (including large Primary Suite), 2 full baths, large open island kitchen, an oversized sliding glass door that is open to the screened in back patio, and a formal living room/dining room condo that could easily transformed into a study, bedroom or a fully open area.
The neighborhood features all tile roofs, a small private park, sidewalks and pool sized lots.
Suntree is close to I-95, the Avenues Mall, Brevard Zoo, Melbourne-Orlando Airport, Kennedy Space Center, Port Canaveral and defense contractors like Northrop-Grumman , L3Harris, Space X and Blue Origin. The award winning Brevard County schools add to the value!
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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 Waterford Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017