1102 E Miller DRIVE
About This Property
The pristine condition of the home suggests meticulous care and attention to detail, ensuring a comfortable and inviting living space. The spacious garage is a boon for those with a bass boat, providing convenient storage and easy access for water adventures.
The unique countertops in the kitchen add a touch of personality and style to the home, making it stand out from the ordinary. With both Lake Okeechobee and a canal nearby, residents have plenty of options for boating, fishing, and exploring the waterways.
The fenced-in backyard is a thoughtful addition, providing a safe and secure space for pets to roam and play freely. And the concrete driveway is not only practical but also adds to the overall aesthetic appeal of the property.
All in all, Lakeport sounds like an idyllic retreat for nature lovers and outdoor enthusiasts, offering a blend of comfort, convenience, and natural beauty in a serene lakeside setting.
This property is turn key and comes fully furnished. Rental bookings scheduled for 2025.
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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