12206 Wakulla PLACE
About This Property
The home's layout includes a primary bedroom with a walk-in closet and an ensuite with dual sinks and a spacious walk-in shower. The two guest rooms share a full bath, and the laundry room is strategically placed to minimize intrusion. Among the numerous upgrades are diagonally laid tiles, a striking stone kitchen island, a recently replaced HVAC system, a new water heater, and a whole home generator connected to the local gas supply, ensuring uninterrupted power. Grand Palm's community complements the living experience with gated entries, dual community centers offering social activities, a fitness center and gathering areas, two swimming pools (one featuring a water slide), a youth splash pad, a dog park, extensive walking trails, and facilities for basketball, pickleball, tennis, and shuffleboard. In Grand Palm, you're conveniently located a short distance from a vast array of entertainment options, natural attractions, dining, beaches, and shopping. Don't miss this chance for exceptional Florida living!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017