THIS METICULOUSLY MAINTAINED VILLA FLOWS EFFORTLESSLY FROM ROOM TO
ROOM. A TWO-CAR GARAGE LEADS TO AN INSIDE LAUNDRY ROOM, SPACIOUS
EAT-IN KITCHEN, DINING AREA, LIVING ROOM, FLORIDA ROOM, & EXTENDED
SCREENED PORCH WITH A SERENE GARDEN VIEW. THE HOME HAS 3 TRUE
BEDROOMS WITH WINDOWS & CLOSETS, 2 FULL BATHS, A WALK-IN CLOSET IN
THE PRIMARY BEDROOM, & VOLUME CEILINGS. LAUNDRY TUB &
SUSPENDED STORAGE RACK IN THE GARAGE. A/C-2024. WATER
HEATER-2022. MAJESTIC ISLES IS A LOVELY GATED 55+ COMMUNITY
IN WALKING DISTANCE OF HOUSES OF WORSHIP & 6 MILES TO THE BEACH.
THE REMODELED CLUBHOUSE HAS A BALLROOM, TEMPERATURE
CONTROLLED POOL, JACUZZI, SAUNA, STEAM ROOM, FITNESS, BILLIARDS,
CARDS, ARTS & CRAFTS, LIBRARY, TENNIS, & PICKLEBALL.
FURNITURE NEGOTIABLE. QUICK CLOSE POSSIBLE.
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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