Welcome home to this 4/2, single-level, opened floor-plan, where
you feel pride of ownership as soon as you pull up and see the the
newly painted driveway and exterior. Inside you'll find an open
kitchen with custom island fitted with a new wine chiller and
microwave drawer. Refreshed cabinets and new dishwasher
as well. Newer vinyl floors throughout with updated
baseboards and LED lights and outlets with custom fans with
remotes. Updated primary shower from 2024 and new washer/dryer
2024. Make your way out to the lanai where you'll find a tropical
setting with brand new canvas awning where you can enjoy peaceful
views of the lake. Roof is only 11 years old-Recently pressure
cleaned and inside attic is customized for extra storage.
With your hoa dues, you get a gated community, basic cable,
internet, pool, tennis, clubhouse, gym, plus back and front
lawn-care. You'll truly find amazing value in an extremely well
kept home that you wont want to miss!
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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