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1242 Diamond Lake Circle
About This Property
Enjoy privacy and tropical Florida living with this spacious RV site located in beautiful Silver Lakes RV & Golf Resort! Backing up to a peaceful preserve, this beautifully landscaped property features a decorative driveway, large Royal Palm trees providing shade, and a 10' x 18' screened lanai perfect for relaxing or entertaining. An attached 6' x 10' storage/laundry room includes a washer, dryer, refrigerator, and large tool cabinet.
Offered with or without the 2015 40' Montana Big Sky 3582RL fifth wheel. The fifth wheel features numerous upgrades, including new flooring, a new loveseat with electric recliners and massage features, LED lighting throughout, a newly sealed roof, and freshly painted kitchen, bathroom, and bedroom. Additional features include a premium three-chamber Select Air mattress and an under-sink reverse osmosis water system.
Two purchase options: $295,000 including the fifth wheel or $260,000 for the RV site only. A wonderful opportunity to enjoy the Southwest Florida lifestyle in Silver Lakes RV & Golf Resort!
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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