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1355 CASTLE PINES Circle
About This Property
Major updates provide peace of mind, including a new roof (2023), water heater (2023), and windows (2024).
Residents enjoy access to an impressive 22,000-sq-ft clubhouse designed for an active lifestyle, featuring two resort-style pools (indoor & outdoor), pickleball, tennis, fitness center, ballroom, bocce ball, and an abundance of clubs, activities, and social events.
This is your opportunity to experience comfort, community, and the very best of Florida living all in one place!
**SELLER IS OFFERING A $3000 CARPET ALLOWANCE**
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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