55+ Premier community Outstanding Cabot, Mutual 10. Updated 3
bedroom, 2 full bath Patio home with two car garage. Full of
natural light. Updated kitchen features maple cabinets,
Granite countertops, NEW Stainless Steel appliances. New LVT
flooring in living, dining and kitchen, new carpet in bedrooms.
Fresh paint throughout the home. Amazing custom updates to
both bathrooms custom tile step in showers, new toilets, new
flooring, new vanities with marble vanity tops. Wood burning
fireplace. Full size washer and dryer in the hall closet. Sliding
glass door to private fenced patio. Newer Heat pump. Lots of
organized closet storage space. Plenty of storage space in garage,
work bench conveys. 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
$355
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: Dryer In Unit, Washer In Unit, Main Floor
Has Fireplace
Screen, Wood
Fireplaces: 1
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
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: Assessor
Financial Details
County Tax: $3,660
County Tax Payment Frequency: Annually
Tax Assessed Value: $363,333
Tax Year: 2023
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, Bus Service, Cable TV, Common Area Maintenance, Electricity, Ext Bldg Maint, Health Club, High Speed Internet, Heat, Lawn Maintenance, Management, Pool(s), Road Maintenance, Security Gate, Sewer, Trash, Water
HOA/Condo/Coop Amenities: Art Studio, Bank / Banking On-site, Bar/Lounge, Billiard Room, Cable, Club House, Common Grounds, Community Center, Exercise Room, Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Library, Newspaper Service, Pool - Outdoor, Retirement Community, Tennis Courts, Transportation Service
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