NEW ROOF IN PROCESS OF REPLACEMENT WITH A LIFETIME TRANSFERABLE
WARRANTY! Additional premium features include a whole-house Generac
generator and reverse osmosis water filtration system throughout
the home. Bright and airy with tranquil partial lake views, this
beautifully maintained residence also features neutral tile
flooring throughout, a renovated kitchen with newer appliances,
updated approximately three years ago. The kitchen offers wood
cabinetry, stainless steel appliances, a snack bar, and a charming
breakfast nook that opens to the inviting family room, creating a
wonderful space for everyday living and entertaining. NEW
ROOF IN PROCESS OF REPLACEMENT WITH A LIFETIME TRANSFERABLE
WARRANTY! Additional premium features include a whole-house Generac
generator and reverse osmosis water filtration system throughout
the home. Bright and airy with tranquil partial lake views, this
beautifully maintained residence also features neutral tile
flooring throughout, a renovated kitchen with newer appliances,
updated approximately three years ago. The kitchen offers wood
cabinetry, stainless steel appliances, a snack bar, and a charming
breakfast nook that opens to the inviting family room, creating a
wonderful space for everyday living and entertaining.
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.
GRANADA MODEL VIEW OF LAKE IN REARSPACIOUS & COZY HOME /FAMILY RM OFF KITCHEN/2 CAR GARAGE/INDOOR AIR COND LAUNDRY RM/FOYER ENTRANCE /SPLIT BEDROOMS/LARGE COVERED SREENED IN PATIO/IN BEAUTIFUL VALENCIA LAKES 1 AREALUSH LANDSCAPING The manager has listed the unit size as 2327 square feet.
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