1163 US 27 S
About This Property
Recent upgrades include a 2-year-old air conditioner and new vinyl flooring installed upstairs, ensuring comfort and style throughout. Situated on a sandy-bottom private lake that reaches 60 feet deep, this property offers exceptional freshwater fishing and a serene natural backdrop.
With only 6 units in this exclusive community, residents enjoy a quiet, peaceful environment complete with a community pool just steps from your door and access to a shared boat dock-perfect for embracing the Florida lake lifestyle.
Conveniently located near town and local amenities, this turnkey home is truly move-in ready. The HOA fee covers exterior insurance and maintenance, giving you peace of mind as you start living the dream today. Buyers responsible for verifying all MLS info
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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