119 Bay Lake DRIVE
About This Property
Experience the best of Plantation Bay with lower taxes in Flagler County, low HOA fees, and no CDD fees. As you enter, you'll be welcomed by stunning double trey ceilings and a bright, open living room filled with natural light. The formal dining room features large windows that overlook the expansive outdoor area.
The master suite is a true sanctuary, with sliding glass doors providing direct access to the pool. Enjoy a glamorous bathroom complete with a spacious walk-in shower, a relaxing garden tub, and a generous walk-in closet. The open kitchen is perfectly positioned next to the family room, making it ideal for gatherings, while the cozy breakfast nook features mitered glass windows that frame views of your private pool.
Step outside to your outdoor paradise! The oversized pool patio expands your living space, and the custom solar-heated pool, complete with a waterfall and spa, is perfect for unwinding on cooler evenings. Don't let this incredible opportunity slip away-schedule your showing today!
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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 Flagler
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017