1474 Royal Circle
About This Property
Upstairs, the extra-large primary suite impresses with a balcony overlooking the pool and lush landscaping. Within the sanctum of the primary suite is a separate office or creative space, custom built his and hers walk-in closets and an ensuite bathroom with dual vanities, a soaker tub, and a deluxe tiled shower. Large secondary bedrooms with built-in features and custom closets and another full bath round out the upstairs. In addition to the family room, the lower level offers a fourth bedroom, laundry/utility room, and a full bath with outside access.
Outside the screened patio, within the fenced rear yard of the .41 acre property awaits a fire pit, quiet sitting areas, lush landscapes and a 10x12 shed for all your garden tools. This home is perfectly located in the Apopka/Bear Lake area close to SR 436, 434, 414 and I-4, 12 miles to downtown Orlando and it's zoned for highly rated Seminole County schools (Bear Lake Elementary, Teague Middle and Lake Brantley High School).
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017