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12306 Cascade Valley Lane
About This Property
Valencia Cove Residents enjoy an Amazing 10-acre recreation complex where all of the social and physical activities are held and is one of the most active social clubs in all the Valencia's! Come Check It out! The Club at Valencia Cove is a 39,000 square-foot clubhouse that features a state-of-the-art fitness center, Pickleball, Tennis, cafe-restaurant, yoga and exercise rooms, steam and massage rooms, an indoor and outdoor cafe, beautiful card rooms, billiards room, arts and crafts studio, catering kitchen, demonstration cooking studio, and a grand ballroom with a stage and dance floor with lots of shows during the season! Outdoor amenities offer plenty of options for residents to choose from, such as swimming in the resort-style pool, lap pool, or resistance pool and whirlpool spa, eight Har-Tru tennis courts, pickleball courts, handball courts, bocce ball courts, and a half basketball court plus so much more!
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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.
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