13860 Umbria STREET
About This Property
The cherry on top is the resort style amenities: 2 extremely nice clubhouses, 2 resort style heated pools, 2 lap pools, 2 fitness centers, 2 gyms, 6 bocce ball courts, a basketball court, 12 pickleball courts, 8 clay tennis courts, shaded playground, community garden, fenced in dog park, gazebo and an event lawn. The proximity of this home to the amenities, is only a short walk, bike ride, golf cart cruise away! You deserve maintenance free living and peace of mind of the 24-hour manned gate. The 27 Venetian bridges will give you a true Venice feel.
If you haven't yet visited the Wellen Park downtown, Atlanta Braves stadium, Venice Island, Manasota Key Beach, Venice Beach, or Nokomis Beach, come explore!
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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