15 CLOVERBROOK Road
About This Property
This home is perfectly situated on a large cul-de-sac lot and backs up to a private tranquil preserve. Enjoy sitting on your front porch savoring the breeze from the nearby lake or enjoy the privacy of your backyard while enjoying peaceful evenings on the deck. Truly a unique private property in RiverTown. Living in Rivertown feels like you are on vacation with access to resort style amenities. The RiverClub offers dining and drinks with an infinity pool overlooking the beautiful St Johns River. The RiverClub also includes a game room, kayak storage and launch, outdoor amphitheater, gas fire pits, and golf cart parking. Other features include multiple walking paths, bike trails, tennis, basketball, soccer, dog parks, playgrounds, fitness center, yoga studio and additional pools. New amenities - including the RiverLodge with a lazy river - are coming soon.
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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