This turnkey delight is the popular Jasmine model, with two
bedrooms and baths, an office or hobby room, and a large open floor
plan with a versatile island. This one is updated and
remodeled like no other, with LVP flooring, quartz countertops,
soft-close drawers and cabinets, designer lighting, fixtures and
hardware, gleaming stainless steel appliances, tray ceilings, and a
lovely private covered patio--complete with citrus trees. Sun
Lakes offers two golf courses, a restaurant bar and grill, three
pools (one indoor) heated year round, fitness center, billiards,
pickle ball, bocce ball, and hundreds of other activity or interest
clubs. Don't miss it!
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.
your reaction when you walk in will be WOW, then OMG i hope nobody bought this already. The "Modern" Jasmine model. There will never be another opportunity to own something like this ever again. optional 3rd bedroom/office
HUGE REDUCTION!!!! PROBATE SALE. JASMINE MODEL LOCATED IN SUN LAKES COUNTRY CLUB. APPROX 1785 SF, 2 BD + DEN, 2 BA, FAMILY ROOM, FORMAL LIVING AND DINING AREA. WILL NEED SOME TLC. GREAT POTENTIAL.
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