1390 BOW Lane
About This Property
This is the backyard paradise you've been waiting for! Enjoy morning coffee from the covered lanai or evening cocktails from the open air pergola with outdoor lighting. Cool crisp evenings can be spent by the fire pit with friends and family. All of these features just happen to overlook a beautiful in-ground pool with built-in planters. Not only does this home offer a gorgeous outdoor space, the home itself has been thoughtfully updated and immaculately maintained. Featuring 5 bedrooms, 2. 5 bathrooms, and generously sized living and entertaining spaces. Located in Fleming Island; Harbor Island is a quiet, well maintained community just over the Hwy 17 Doctors Lake bridge, with No CDD fees.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017