13904 Posada STREET
About This Property
The two Resort Centers are the center of Islandwalk, where the residents gather daily for boundless activities. There are two clubhouses, 3 pools, bocce, tennis & pickleball courts, dog park and many walking/biking trails throughout the entire community. There are two full time Activities Directors, who provide year round activities, that include but not limited to, concerts, shows and game nights. The reasonable HOA fee includes landscaping, cable as well as the staffing and daily maintenance of the community.
Islandwalk is situated in one of the most desirable and fastest growing communities within "Wellen Park". Islandwalk's location makes it easily accessible to the soon to be "Town Center" which will be the hub of Wellen Park. Currently anchored by a Publix, there will be various restaurants, retail and entertainment throughout the year. If you are a baseball fan, there is the "Atlanta Braves" Spring Training Stadium within one mile of the back entrance.
Islandwalk is short drive to historic downtown Venice, beautiful beaches, Myakka State Park and easily accessible to Sarasota & I-75.
Come live the lifestyle you deserve in the wonderful community called "Islandwalk"!
built in 2016
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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%.
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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