1214 FLORA VISTA STREET
About This Property
THE GOODS: New roof 2019, New gutters/downspouts (front & rear) 2023, New A/C compressor 2025, New garage door motor 2025 and updated/upgraded electrical switches and light fixtures throughout! Meticulously maintained!! This beauty offers peace of mind: built in 2000, concrete block construction and located in a non flood zone/non evacuation zone! Fairway Village of Heritage Springs is beautifully maintained! The low monthly fee for this village of $195/month covers: lawn maintenance, irrigation, trash service, exterior painting/maintenance, internet and cable. The golf cart friendly community of Heritage Springs is just awesome! The amenities feel like you live at a resort every day! The community's impressive clubhouse offers a concierge desk, a billiard/game room, an arts & crafts room, performing arts center, a computer center, plus a stocked library with internet access. The huge heated community pool and spa offers sparkling water views and ample seating, plus an outdoor pavilion area with BBQ grills! Overlooking the pool is the sports lounge with a full bar and terrace area! The community's main restaurant is grand and welcoming for dining! The lush 18-hole championship golf course is beautifully kept and offers a golf pro shop in addition! Plus tennis, bocce ball, shuffleboard – you name it! Heritage Springs even offers a 24hr manned guard gate entry! This is the true Florida paradise lifestyle!!
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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