130 Lake Ring DRIVE
About This Property
Bring your general contractor or do it yourself and make this solid block house your beautiful, cutomized home with all your added flare. This hidden treasure sits on an almost half acre corner lot (.48) with a small lake in the back!! Enjoy canoeing in your own back yard! The master bedroom has a screened in porch off of it and there is a second screened in porch off the family room too! Plenty of room for gardening in both the front and back yards. The home sits in a spot surrounded by larger lakes, so bring your boat too! Both Lake Mariam and Lake Eloise are a short drive away. Hop on 27 and you are on your way to all the shops and restaurants too. Less than an hour to Disney and theme parks. This is the perfect cosmetic project home with solid bones !! NO HOA !
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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 Cypress Gardens
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$2,100 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017