12119 BONANZA DRIVE
About This Property
This 2-bedroom, 2-bath manufactured home offers a practical layout well suited for everyday living. The home includes a large enclosed sunroom with a built-in wall A/C unit, providing flexible space that can be used as a sitting area, hobby room, or additional living area.
Outside, there is a fenced area suitable for a small furry companion, along with covered parking and a circular drive for added convenience.
A key highlight of this home is the active 55+ lifestyle offered within Ponderosa Park. With annual HOA dues of just $250, residents enjoy access to a community pool, recreation center, and maintained common areas. For those seeking connection, the community hosts a full calendar of social events and activities, including fish fries, pancake breakfasts, ice cream socials, holiday dinners, and live entertainment. Resident volunteers play an important role in supporting these activities, creating a welcoming and engaged community environment.
Conveniently located less than one mile east of US-19 in Hudson, the community provides easy access to shopping, dining, medical facilities, and local amenities.
An excellent opportunity to enjoy low-cost living in a socially active 55+ community.
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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 Ponderosa Park
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$1,550 /mo
- 2 Beds
- 2 Baths
- 1,072 ft²
$1,550 /mo
- 2 Beds
- 2 Baths
- 1,072 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017