The much anticipated Phase 3 of Tupelo Junction is now open!
This is not a ''pick it up and move in tomorrow'' kind of home.
This is a build-to-suit / presale opportunity, which means you're
getting in early enough to actually shape the home before it
exists. Design Packages, structural upgrades, exterior color
selections, and more! Less ''take it or leave it,'' more ''this is
how I want to live.'' And it's a ranch plan, which means
everything you need is on one level! No stairs to avoid, no hauling
laundry up and down, no future you regretting leg day... Just easy,
efficient living that actually makes daily life simpler.
Inside, the home is built around real life, not showroom life: A
kitchen that works for Tuesday night dinner just as well as hosting
people on the weekend. An open layout that keeps life connected
without forcing everyone into the same space. Clean, intentional
and elevated finishes that feel chosen - not default. The
primary suite stays calm and reset-ready. Located on the opposite
side of the home from the other 2 bedrooms, you can rest well with
that added sense of privacy. And the covered rear porch
extends your living space outside - morning coffee, evening
cocktail/ mocktail hour, or just a place to exist without being
inside four walls. Outside your door: Lake Michael, many
amenities, and a neighborhood that makes staying home feel like a
decision you're happy about, not one you settled for.
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.
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