Factor in cap rate analysis, financing, common charges
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Amenities
Neighborhood
$125,000
●
Mobile Manufactured -
Off Market
Micco, FL
2 Beds
2 Baths
1,126 Ft²
$772
Est. Monthly
$55
HOA / Fees
About This Property
Affordable Lakefront Living! What an amazing view for such a great
price! Make this home your own and enjoy stunning lake views with
wildlife right in your backyard. Relax on the huge screened porch
or use the spacious utility room for storage or a small workshop.
Kitchen with pantry & breakfast bar, updated primary bath, bay
window in the front of house, clamshell shutters + a back patio.
Low monthly fees include pool, tennis, shuffleboard, pickleball & a
fun clubhouse w/social events & game nights, all in walking
distance! Inspections are welcome but being sold as-is. Don't miss
out!
Unit Size
1,126 Ft²
Days on Market
84 days
Land Size
0.14 acres
Price per sqft
$120
Property Type
Mobile Manufactured
Property Taxes
$53
HOA Dues
$55
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Association Fee Includes: CommonAreas, Insurance, RecreationFacilities, ReserveFund
Association Fee: $55
Association Fee Frequency: Monthly
Community Features: Clubhouse, Other, Pickleball, Shuffleboard, Tennis Courts, Gutters, Pool
Security Features: Smoke Detectors
Subdivision: Snug Harbor Lakes
Elementary School District: Brevard County Schools
Middle or Junior School District: Brevard County Schools
High School District: Brevard County Schools
Subdivision Name: Snug Harbor Lakes
Directions: From US 1, turn West Barefoot Blvd, North Snug Harbor, Southwest Bannock Street home is located on the right side of the road
Other Details
Listing Terms: Cash
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