9633 PORTSIDE DRIVE
About This Property
Opportunity meets location in this Seminole property offering flexibility for a variety of buyers. Previously used as an Airbnb, this home presents an exciting option for a primary residence, Florida getaway, or investment property.
Located in the heart of Seminole, you're just minutes from the Gulf Beaches while still close to shopping, dining, parks, and everything that makes this area so desirable. Whether you're looking for your next home, a coastal retreat, or an investment opportunity, this home offers the location and possibilities to make it your own.
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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