11906 Preservation Lane
About This Property
SATURNIA OFFERS A MEDITERRIAN STYLE CLUBHOUSE WITH A STATE OF THE ART EXERCISE FACILITY, MAGNIFICENT COMMUNITY POOL, LARGE OUT DOOR PATIO AREA WITH SHADE AREAS AND MORE. THE COMMUNITY ROOM IS AVAILABLE FOR PRIVATE PARTY RENTALS. THERE IS AN AMAZING CHILDRENS PLAY ROOM AS WELL AS AN OUT SIDE TOT LOT. TWO TENNIS COURTS AND A BASKET BALL COURT. SATURNIA IS A GATED COMMUNITY THAT IS WITHIN WALKING DISTANCE TO SUNRIRISE PARK ELEMETARY SCHOOL AS WELL AS EAGLE LANDING MIDDLE SCHOOL. SHOPPING IS NEAR BY AS WELL AS THE TOWN CENTER MALL.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2019 | Sold | ||
| Sold | |||
| Jun 2, 2019 | No longer available | - | |
| No longer available | |||
| May 31, 2019 | Relisted | $799,000 | |
| Relisted | |||
| Apr 30, 2019 | No longer available | - | |
| No longer available | |||
| Jan 27, 2019 | Listed by Keller Williams - Boca Raton East | $799,000 | |
| Listed by Keller Williams - Boca Raton East | |||
| | |||
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About Capella
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017