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1565 Ficus Point Drive
About This Property
Highest and Best by tonight 3/18/2022
Check out this well-maintained, lakefront home, located conveniently in the heart of Suntree! With a new designer kitchen, 10' quartz island and LED underlighting, luxury waterproof vinyl flooring throughout, new 5 1/4 baseboards, 2018 roof, 2016 AC, 2018 water heater, all new ceiling fans, an over-sized master bedroom and attached office or nursery, fresh interior & exterior paint as well as the garage epoxy & TEK shelving, and large trussed-roof screened-in porch. The amenities include a gated community with a clubhouse, solar-heated pool, fitness room, and lawn maintenance included in their low maintenance fee.
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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