1289 NORMANDY HEIGHTS CIRCLE
About This Property
Step inside to discover updated flooring that flows seamlessly throughout the home, enhancing its modern appeal. The well-designed split floor plan provides privacy and functionality, making it perfect for both everyday living and entertaining.
The kitchen features newer appliances and a new rear sliding door that opens to a spacious backyard-ideal for outdoor dining and gatherings. The large master suite boasts an oversized closet providing ample storage, ensuring a private retreat at the end of each day.
Located in a well-established neighborhood just moments away from downtown Winter Haven, with easy access to the Parkway and South Lakeland this home perfectly blends comfort, style, and convenience. Water heater to be replaced prior to closing.
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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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About Normandy Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017