976 Schumann Drive
About This Property
The home is a short bicycle ride or walk to all that Sebastian Florida has to offer. Schumann Park is steps away and the Indian River water front park district is the best on the east coast. Let's not forget the Sebastian Inlet being just minutes away by boat!
Your fully remodeled kitchen is sure to please with all new cabinets, quartz counter-top, fixtures, quality stainless-steel appliances. Both bathrooms are fully tiled with ceramic tile surrounds, new vanities, and more high-quality touches.
More updates? In addition to a 2021 dimensional shingle roof, new exterior and Interior paint, new laminate and tiles floors throughout, a new water heater. The sprinkler system has been updated to include a new pump, an automatic timer complete system. Finally, new outside light fixtures and new interior fans. '||chr(10)||'But nothing will compare to the relaxing and enjoyment of the beautiful Florida sunsets over your lakefront and natural reserve that is your backyard. No worries, the Seawall is maintained by the city of Sebastian.'||chr(10)||'Welcome Home!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by EXP Realty, LLC | $349,900 | |
| Listed by EXP Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017