Welcome to this beautifully updated 3-bed, 2-bath, 2-car garage,
CBS home offering a wonderful blend of comfort, peace of mind,
convenience, and Florida living. Inside, you'll find tile flooring
throughout, updated kitchen and bathrooms, and a spacious layout
designed for easy living. Major improvements include a 2025 roof
and 2024 A/C, providing valuable peace of mind. Step outside to the
beautiful screened lanai overlooking a serene lake. With its
eastern exposure, the lanai enjoys natural shade from the afternoon
sun, creating a comfortable and inviting space for relaxing
evenings, or entertaining friends .The community offers natural gas
service, and this home takes full advantage with a gas range,
dryer, tankless gas water heater, and a convenient gas line on the
lanai for your grill. The low HOA fees include a community heated
pool, gated entry, and monitored security system. Ideally located
near shopping, historic downtown, beaches, medical, and airports.
Optional golf memberships available from Willoughby Golf Club just
across the street. See the low insurance quote in the documents
included.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017