Owner says SELL NOW!!! Enjoy the utmost of privacy and serenity in
your new Florida home! Don't miss the opportunity to grab
this 3 bedroom, 2 bath home that has been priced for a quick sale
to make into your Florida dream home in highly desirable Majestic
Isles. Large primary suite. Furniture available too. Enjoy coffee,
cocktails and some R&R on your screened lanai in a private,
quiet, peaceful garden setting. VERY close to worship too! HOA
provides cable, INTERNET, security, landscape maintenance, guarded
entrance, exterior painting & cleaning & more. Majestic Isles
features a glistening clubhouse with all of the trimmings. Fitness,
resort pool & spa, tennis, classes, PICKLEBALL, shows, clubs,
billiards, crafts. organizations - you name it!
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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