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1504 Timacuan Drive
About This Property
This 3BR/2BA/2Car garage also has an enclosed back porch with privacy for your morning cup of coffee or tea to be enjoyed while catching up on the happenings in the area. Light, bright kitchen, split BR floor plan with Master BR/BA en-suite that has a soaking tub & separate shower, walk-in closet. The floors are tiled in the wet areas and engineered hardwood in the living and bedrooms. The 2nd bath is a cabana style with access to the enclosed back porch.
Just a short distance to the fantastic Clubhouse/Pool...don't miss this one! It is priced to sell and waiting for you to come & make it yours!!
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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 Grand Isle
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017