1088 Palmyra Drive
About This Property
Located on the prestigious Peninsula of Tega Cay, this home offers the rare advantage of no HOA while being surrounded by the amenities and recreational opportunities that make this community so desirable. Wake up to lake views, enjoy an afternoon on the golf course, spend time on the pickleball courts, relax at the community pool, or launch your boat for a day on Lake Wylie-all just moments from your doorstep.
Situated within the award-winning Fort Mill School District, this home provides the perfect blend of natural beauty, recreation, and convenience. Enjoy easy access to parks, walking trails, beaches, waterfront activities, shopping, dining, and a quick commute to Charlotte.
More than just a home, this is a lifestyle. Whether you're taking in the lake views, enjoying the active outdoor amenities, or simply embracing the relaxed waterfront atmosphere, 1088 Palmyra Drive offers the opportunity to experience everything that makes Tega Cay one of the Carolinas' most sought-after communities.
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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%.
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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