10821 Fox Glen Drive
About This Property
Home was renovated 5-6 years ago; gourmet kitchen, stainless steel appliances, built in bar.
Porcelain tiles - first floor, modern light gray laminate flooring on stairs and all bedrooms. Master suite includes 2 large walk-in closets, bathroom with large walk-in shower and Jacuzzi bathtub. Lots of storage and closet space
All bedrooms are very large, the 5th, is set up as an office, there is no closet at present time but it can be easily installed.
Laundry room with full-size washer and dryer with utility tub.
Home features 2 A/C's one zone upstairs, one downstairs.
Large Backyard is an entertainment paradise, outdoor kitchen with grill, sink, plenty of countertop space for cooking, large pool, outdoor large backyard with travertine deck installed 2 years ago.
Boca Springs is a family neighborhood with vey low HOA fees; amenities: large pool, tennis court, basketball court, playground, grill area. Great schools, close to shopping, Sawgrass Hwy, Turnpike.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017