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13840 Greentree Trail
About This Property
LANAI, HEATED POOL, NEWER ROOF, NO HOA AND WELLINGTON SCHOOLS. Special features include a spacious, open and airy split floorplan with volume ceilings, eat in kitchen with stainless steel appliances, custom wood cabinets, granite countertops and snack bar, formal dining room and huge master bedroom with plantation shutters and custom walk-in closet. Luxurious master bath boasts a bidet, glass shower, dual sinks and Whirlpool tub. The living room, kitchen, family room and master bedroom all overlook the heated pool and serene backyard. An outdoor cooking counter with sink, huge covered patio and screened-in lanai are perfect for entertaining gatherings of family and friends. Also included is a central vacuum, intercom, automated well sprinkler system, tiled garage floor and a long, circular decor driveway with ample parking. With close proximity to equestrian venues, PBIA, hospital, shopping, parks and Southern Blvd, this is truly a rare find.
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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 Pinewood of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017