70
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105 RUM RUN
About This Property
Beyond the unit's stellar condition and steady revenue stream, Bahama Bay Resort offers an unbeatable resort lifestyle that keeps vacationers returning year after year. Guests and owners enjoy access to multiple heated pools, relaxing hot tubs, a splash pad, fitness center, tennis and basketball courts, walking trails, and a lakeside beach with a pier-all just minutes from Walt Disney World, Universal, world-class dining, and premier shopping. Sold fully furnished and turnkey (excluding the owner's closet), this ground-floor sanctuary is completely set up for hands-off ownership and seamless rental operation from day one!
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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.
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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017