55+ Premier community. Outstanding Cabot, Mutual 10. Updated
3 bedroom, 2 full bath Patio home with garage, one side of the two
car garage has been converted into a multi-purpose room.
Could be used as a mud room, Office, Den or Breakfast room.
Full of natural light. Updated kitchen features maple
cabinets, Corian countertops, white appliances, LVT flooring.
Custom tile backsplash and under cabinet lighting. New
carpet and fresh paint throughout the home. Updated primary bath
en-suite, large vanity, custom tile step in shower, Toto toilet.
Full size washer and dryer in the hall closet. Newer
Heat pump and water heater. Lots of organized closet storage
space. Condo fee includes all utilities, basic cable and
Internet. Enjoy all the amenities this community has to
offer, golf, tennis, picklelball, swimming, and fitness center.
Multitude of clubs and activities. Close to shopping
and restaurants.
Unit Size
1,193 Ft²
Days on Market
-
Land Size
-
Price per sqft
$331
Property Type
Condo
Property Taxes
$321
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Laundry Type: Main Floor, Dryer In Unit, Washer In Unit
Exterior Details
Property Manager Present
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Property Condition: Very Good
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Roof: Architectural Shingle
Structure Type: Twin/Semi-Detached
Construction Materials: Vinyl Siding
Community Pool
Tidal Water: N
Land Assessed Value: $363,333
Finished Square Feet: 1193
Finished Square Feet Source: 1193
Financial Details
County Tax: $3,660
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $363,333
Tax Year: 2022
Tax Annual Amount: $3,849
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Heat Pump - Electric BackUp
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Air Conditioning, Broadband, Cable TV, Common Area Maintenance, Electricity, Health Club, High Speed Internet, Lawn Maintenance, Management, Pool(s), Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Bank / Banking On-site, Bar/Lounge, Billiard Room, Club House, Gated Community, Golf Course Membership Available, Jog/Walk Path, Library, Pool - Indoor, Pool - Outdoor, Retirement Community, Security, Tennis Courts
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