1095 Port Orange Way
About This Property
There is a private back entry walkway into Corkscrew Elementary and Corkscrew Middle Schools; Palmetto Ridge High School is just a short distance away. Low HOA fees.
Many features/upgrades include but are not limited to: a dual HVAC system; Three-Car Garage; Arched Facade on garage front; Huge Brick Paver Driveway and Custom Walkway with Fountain; High Ceilings; Solid Hardwood floors (Asian Rosewood) in den/office and primary bedroom; Tile Floors throughout main area, and other bedrooms have high-end laminate flooring; Glass French doors on Front Entry and Interior Office/den and Living Room Doors leading to the back to lanai; Extended Lanai; Updated Kitchen, Bathrooms and Laundry room, 5-1/4" baseboards throughout home; Crown Molding in primary bedroom, office/den, dining room and pool bath; and Custom Shades and Blinds. New Roof and A/C units in 2018, New Water Heater 2023, New Stainless Range (less than 6 months), newer Stainless Refrigerator and Dishwasher.
This is the Largest Home, on the Best Lot currently available in Waterways. SEE SUPPLEMENT PAGE FOR FLOOR PLAN!
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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