11039 SW 69th CIRCLE
About This Property
The spacious living room features a cozy fireplace and an open floor plan, perfect for entertaining. The chef's kitchen has granite countertops, all major appliances, an island, and a breakfast bar. The split floor plan ensures privacy, and the 4th bedroom is versatile, functioning as an office with built-ins and a Murphy bed.
The primary suite features a private den with a fireplace that opens into the Florida room, dual closets, and an en suite. The beautifully updated en suite includes dual sinks with cultured marble counters, a soaking tub, and a modern walk-in shower.
Enjoy the Florida room's indoor grill and wet bar, which overlooks lush landscaping and a golf course view of Royal Oaks Golf Course. It's perfect for relaxing with friends and family.
Oak Run offers endless amenities, including three clubhouses, an 18-hole golf course, pickleball, bocce ball, tennis, shuffleboard, billiards, fitness centers, and six pools. You'll love dining at the newly renovated restaurant and bar, which has a patio to enjoy the Florida sunshine.
This home is a perfect blend of comfort and resort-style living!
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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