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1568 Outrigger Circle
About This Property
customized night's sleep. The open-concept common areas lead out to a spacious, screen-enclosed back porch that faces the golf course with a breezy ceiling
fan overhead. Interior offers a great room plan with open space, accent wall, premium kitchen and is great for entertaining. This property is approximately 1 mile to
shopping plazas & I-95, and approximately 6 miles to a causeway that journeys over the rivers to Atlantic Ocean beaches. This is Florida livin
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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 Turtle Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017