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1207 Bay View Way
About This Property
Another half bathroom located on 1st floor.
Custom plantation shutters and zebra shades. Exterior and interior painted in 2018. 75 Gallon natural gas water heater.
Both garage doors are impact rated. Both garage door opener systems were replaced in 2022. Garage fridge stays.
LG laundry appliances . Dining room, living room and master bedroom furniture negotiable. Natural Gas for your Range, Dryer and Water Heater. Tile roof has been professionally inspected and maintained. It was recently pressure cleaned and in excellent condition. No issues with getting insurance.
Excellent location close to everything but tucked away from all the noise. HOA fees and amenities include 24 hour manned security, patrol 3x a week, high speed internet service, your lawn mowed along with common areas, ADT security service, monthly residence activities, lawn irrigation, tennis courts, pickleball, heated pool, fitness center, game room, playground, jogging/running/cycling paths and more.
This is the best location in Wellington right in the middle of new developments being built Lotus Wellington and Tuttle Royale which will bring many new restaurants and entertainment options right next door and Wellingtons A rated schools.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
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About Black Diamond
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017