1075 Egret Lake Way
About This Property
This 3 bedroom, 2 bathroom residence includes a spacious 2 car garage and features solid concrete block construction with a classic stucco finish. A concrete driveway, walkway, and covered front entryway add to the home's inviting curb appeal. Warm neutral tones adorn the walls, while matching laminate flooring flows throughout. Major updates include a 2022 water heater, 2016 roof, and a newer A/C condenser with a 2012 air handler, providing peace of mind and energy efficiency.
Step outside to relax on the covered screened-in back porch, complete with dual ceiling fans and views of the manicured yarda perfect retreat for morning coffee or evening gatherings At the heart of the home, the kitchen impresses with stainless steel appliances, a center island, breakfast bar, coffee nook, and white shaker cabinets offering generous storage. Both bathrooms are tastefully updated with large vanities, full-width mirrors, and vanity strip lighting, while the primary en suite boasts a step n shower with dual shower heads.
Located in a community zoned for A rated schools and just minutes from the beach, Patrick Space Force Base, award-winning restaurants, and premier shopping, this home offers a lifestyle of convenience and leisure. Quality healthcare facilities, a VA clinic, vibrant entertainment, and nightlife are close by, while easy access to I-95 and US 1 puts Orlando International Airport and world-renowned theme parks within an hour's drive.
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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 Crane Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017