Lake Front Margate 4 Plex with Rents Below Market! All Units are 2 Bedroom 1 Bath with Central A/C, Washer & Dryer. Average Market Rent is approx. $1150 Monthly. Estimated Gross income is $43,800 Estimated Annual Expenses include Taxes: $6,474 Lawn: $600 Insurance: $400 Water&Trash $3,600 (Total $14,674) Estimated Cap is 7.67% Estimated Proforma Cap Rate is 10.67%
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
