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9295 LUNA DRIVE
About This Property
Outside, enjoy a spacious fenced yard with no rear neighbors, a deck, covered carport, shed, and additional storage. The property is serviced by a private well and septic system, with the well system replaced January 2025. The seller is leaving the furnishings and even a personal tractor to help maintain the property, making this a wonderful opportunity to move right in and begin creating your own private retreat.
Enjoy the space and privacy of country living while remaining conveniently accessible to St. Cloud, Orlando International Airport, and Melbourne. The surrounding community also offers nearby parks, a playground, sports courts, and a community center. Bring your personal belongings and start enjoying everything this unique property has!
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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