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1020 HARBOR TOWN DRIVE
About This Property
Enjoy peaceful mornings and relaxing evenings in the private Florida room, where you can take in the tranquil surroundings and enjoy your own secluded outdoor living space. A newer tile roof provides added peace of mind and long-term value.
Chestnut Creek is known for its breathtaking entrance, featuring a majestic canopy of mature trees leading to a picturesque lake with a beautiful rookery at its center. Residents enjoy an active lifestyle with a heated community pool, tennis courts, pickleball courts, and a vibrant community center offering numerous social activities and events.
Conveniently located near shopping, dining, medical facilities, I-75, Venice's charming historic downtown, and the area's world-famous Gulf beaches, this home offers the ideal combination of serenity and accessibility. Come experience the beauty and lifestyle that make Chestnut Creek one of Venice's most desirable communities.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017