1582 SAILMAKER Lane
About This Property
Come see this cheerful one level home situated on a beautiful lagoon with an aluminum fenced back yard. This well kept home is located on a great family friendly cul de sac in sought after Eagle Harbor. The home features a 1 year old roof, 4/BD's & 2 BA's, a screened lanai, wainscoating, columns, crown mouldings, tray ceilings, plantation shutters in the formal living room and dining room! The spacious kitchen includes a food prep island, breakfast bar and dine in kitchen area. The backyard has plenty of room for play and pets and has outstanding views down the length of the pond! This charming home will not last long! It is tenant occupied, so please call for an appointment!
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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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017