11 Egret COURT
About This Property
Escape to the tranquility of Rotonda Meadows, where the allure of coastal living meets the charm of an up-and-coming neighborhood. This is your chance to seize the dream of building your ideal home on not one, but TWO spacious lots, perfectly nestled in this sought-after community.
Key Features: Double Delight: Two adjacent lots provide an expansive canvas for your dream home or investment project.
Proximity to Paradise: Minutes away from the breathtaking beaches of Boca Grande, renowned for their sugary sands and turquoise waters.
Up-and-Coming Neighborhood: Witness the transformation of Rotonda Meadows into a vibrant and thriving community, making it an ideal investment for the future.
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017