1472 Queen Anne DRIVE
About This Property
Be sure to stop in at the beautiful clubhouse to see all the events and clubs the community has to offer. The Highland Lakes HOA Fee includes free pontoon rides on Lake Tarpon. Golf membership for 2 and no green fees on 27 Hole Executive Golf Course. 2 community pools, 4 Tennis/ Pickleball courts. Auditorium for performing arts, shows, and holiday events. The rustic Lake Tarpon Lodge offers heated pool, grills, picnic area, private boat ramp, free storage for RV, boat, kayak in a secure lot. Close to grocery, Walmart, restaurants. 10 minutes to Honeymoon Island and Caladesi Island. 30 minutes to both airports.
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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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About Highland Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017