10031 Marbella DRIVE
About This Property
The Master suite includes 2 walk in closets, dual sinks with granite counters, a garden tub, separate shower and linen closet. This split plan offers 2 additional bedrooms and bath on one side , and an En-Suite bedroom on the other side of the house. The 4th bedroom makes a nice home office with a storage closet. Upgraded lighting and fans with lights are present throughout the house and lanai. A full security system was installed by ADT including additional smoke, carbon monoxide and motion detectors. Other features include keyless entry, ring door bell, 3 Blink Cameras and a back yard security light. Relax or entertain on the extended paver lanai with a stunning view of the preserve and lake. Rosedale social membership incudes an updated clubhouse with a restaurant and lounge, social activities, JR. Olympic size pool, new fitness center with classes and private trainers, Har-Tru Tennis Courts, and 2 dog parks. There is also a beautiful golf course for an extra fee. NO CDD fees. This property will be available for occupancy January 15th.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017