Beautifully remodeled and fully turn key, this bright 2BR + den
home features the community's largest floor model, offering extra
space for comfort, hosting, and hobbies. The open layout includes
luxury vinyl flooring throughout, and worry free living comes easy
with a brand new roof, new skylights, full impact windows and
doors, custom wood blinds, and premium gutter guards for excellent
wind credits. The smart home panel is generator ready, and a dual
fuel generator conveys at closing. Enjoy a modern kitchen, an
oversized primary suite with a spa style shower, and a peaceful
screened porch overlooking a butterfly friendly garden. New
driveway and close to the active clubhouse and pool. All
upgrades are permitted! Schedule your tour now.
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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