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.
Parking Features: Attached, Garage, Garage Door Opener, Paver Block
Garage Spaces: 2
Garage Spaces: 2
Interior Details
Bedrooms: 4
Full Bathrooms: 3
Levels: One
Interior Features: Built In Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Skylights, Vaulted Ceilings, Walk In Closets
Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Wine Cooler, Washer
Flooring Type: Carpet, Tile, Wood
Living Area Square Feet Source: Plans
Doors: Sliding Doors
Laundry Features: Laundry Room, Laundry Tub
Rooms: 11
Has Fireplace
Fireplaces: 1
Exterior Details
Year Built: 1989
Parcel Number: 31393500002000000072.0
Waterfront Features: None, Beach Access
Home Type: Residential
Architectural Style: One Story
Roof: Metal
Window Features: Blinds, Double Hung, Skylights
Construction Materials: Frame, Other
Outdoor Living Structures: Enclosed, Porch
Pool Features: Electric Heat, Heated, Pool, Community
Lot Information: Quarter To Half Acre Lot, Few Trees
Lot Size Dimensions: 131x121
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $291,094
Tax Year: 2024
Tax Annual Amount: $163
Utilities Details
Cooling Type: Central Air, Ceiling Fans
Heating Type: Central, Electric
Location Details
Association Fee Includes: CommonAreas, Insurance, RecreationFacilities, Security
Association Fee: $1,900
Association Fee Frequency: Monthly
Community Features: Club Membership Available, Clubhouse, Fitness, Other, Tennis Courts, Water Access, Gutters, Pool
Security Features: Gated With Guard, Smoke Detectors
Subdivision: Indian Trails
Subdivision Name: Indian Trails
Directions: A1A to Indian Trails - Continue through gate to house on left.
Other Details
Listing Terms: Cash, FHA, NewLoan, VaLoan
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