150 EVENSHADE Way
About This Property
Step outside and be transported to your own breathtaking private oasis. A large covered patio provides shade and relaxation next to the sparkling pool, and is complemented by a fantastic summer kitchen, an outdoor shower for rinsing off after a swim, and a sprawling entertaining area. The outdoor bar, complete with a mini fridge, is ideal for hosting. All of this is framed by lush landscaping, creating a truly exceptional outdoor space. Footers are already in place, so the area is ready for a screen enclosure to suit your needs. A one year 2-10 buyer home warranty is included. Located in the quaint and serene community of Gran Lake with NO CDD fees, you'll enjoy peace and tranquility while still being just minutes from major highways, shopping, and restaurants. Gran Lake amenities include a beautiful zero-entry pool, clubhouse, playground, 32-acre lake, fishing dock with kayak launch, and acres of paths for walking, jogging, or biking.
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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