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110 BROWARD DRIVE
About This Property
The home shines with tasteful updates throughout, including beautiful flooring and the rare luxury of a true interior laundry room with abundant storage. Major improvements provide peace of mind, with a brand-new roof and HVAC system, along with new AC ducting and home insulation installed in 2021. Outdoors, the fully fenced backyard is ideal for pets, entertaining, or simply enjoying Florida's sunshine.
Perfectly positioned just minutes from LEGOLAND® Theme Park and Water Park, Peppa Pig Theme Park, Cypress Gardens botanical site, and the Sea Life Florida Aquarium, this home combines tranquil residential living with unmatched proximity to world-class attractions along with a vibrant selection of nearby dining and shopping destinations-making it an exceptional place to call home
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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.
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About Cypress Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017