12489 SE 90TH TERRACE
About This Property
2024 - This is It!! Well Maintained San Mateo Model - 2 Good Size Bedrooms - Split Floor Plan - 2 Full Baths that
were Updated - Guest Bath has Clean Cut Easy Step In Feature - Lot's of Closet's - Two Car Garage with Insulated Door - Inside Laundry with New Washer & Dryer - Enclosed Glass Lanai with a 2021 Mini Split A/C - New Screens on Windows - Interior Painted 2024 - Exterior Painted 2021 - S/S Appliances - Updated Kitchen Cabinets With under Lights - New LPL Flooring with 6 inch Baseboards - New Plantation Shutters - All New Light Fixtures Through out - Nicely Landscaped New Bush's in back yard with Stone Beds - Whole House Water filtration system - This is a Must See!! All this is in the Award Wining Community Of Del Webb Spruce Creek Golf & Country Club in Summerfield Fl. -55+ Two 18 Hole Golf Course's - Two Outdoor Pool's - One Indoor Pool - State of the Art Gym - Exquisite Community Center - Pickle Ball & Tennis Courts - Softball Field - Restaurant - to many Activies to List - Close to Shopping - Restaurants - Medical & the Villages
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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