1531 Lake Como DRIVE
About This Property
The spacious living room has a fireplace perfect for those occasional cool Florida evenings during the short winter season.
The eat-in kitchen is completely updated with new appliances and cabinets with granite countertops and plantation shutters on the windows. As you can see, the floors are new throughout the entire home and perfect for carefree Florida living.
The bathroom is completely updated with a walk-in shower and all new fixtures. The septic system has been updated and is permitted to allow for a 2nd bathroom if desired. Water is filtered and softened.
The HVAC and water heater are new and there is even a new washer and dryer to handle all the bathing suits and towels.
Two bedrooms offer the option of a master and guest room, or one for sleeping and another for your hobbies or other uses.
An expansive Florida room across the entire back of the house overlooks the lake with large picture windows and is completely glassed in for year-round use greatly expanding the living space of this comfortable lake-side home. And if you enjoy sunsets, Florida has some of the most spectacular to be found right out over the lake within full view of your Florida room.
There is also a screened-in porch for those days when the weather is nice, but the bugs aren't. You can be outside without the bother of having to fight off mother nature.
There is also an outdoor seating area with protection from the rain for those who treasure the outdoors without having to get wet. And speaking of rain, if needed there are hurricane wraps for the front and rear of the house.
No lake house would be complete without a well-maintained dock where you can sunbathe, fish, dive in or even add a boatli
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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