1444 WHITNEY ISLES DRIVE
About This Property
Upstairs has a large loft with a large closet for storage. Two additional oversized bedrooms are upstairs. King size bed can fit in either room. One with two large closets. Loft area can serve as a game room, home theatre or anything you want. Community has resort style amenities with a gorgeous clubhouse, gigantic community pool, hot tub, tennis courts, basketball court, playground, gym and sauna. Just minutes from Downtown Windermere with is charming cobblestone streets and boutique shops. Easy access to downtown Orlando, Disney World, Orlando Airport. Ideally located closing to shopping, dining, and top-rated schools.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017