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12818 SETTLERS DRIVE
About This Property
Beacon Woods is a beautiful highly desired neighborhood and villas are rarely available. Newer AC and roof! Kitchen appliances were replaced 6-7 years ago but have been barely used as this was a vacation home.
The nice sized primary bedroom has an ensuite bathroom and sliding glass doors which open to a private patio. (Furnishings optional). The living/dining room combo is large and opens to a private rear patio which can be used for enjoying your morning coffee or a glass of wine in the evening. Sellers enlarged the driveway to accommodate extra parking - double driveway. Enjoy resort style living with community amenities for only $30 per month, you will have full access to the clubhouse, heated pool, sauna, tennis courts, playground, fitness center, pickleball, shuffleboard, bocce ball, horseshoe pits, billiards room. and an 18 hole golf course with affordable greens fees. Use as your vacation home or primary residence. (Sellers are open to owner financing with 60K down and a 3 year balloon.)
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2026 | Listed by XCELLENCE | $175,000 | |
| Listed by XCELLENCE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017