1590 SW Balmoral Trace
About This Property
The spacious kitchen features granite countertops, stainless steel appliances, and an easy flow to the main living areas, perfect for everyday living and entertaining. A dedicated den/office provides flexible space for work or relaxation.
The expansive primary suite is a private retreat with generous walk-in closets and his-and-hers bathrooms. Two additional guest bedrooms are comfortably sized and thoughtfully positioned. A full laundry room adds everyday convenience.
Step outside to the extended screened lanai, where tranquil, private golf views create the perfect backdrop for morning coffee or evening unwinding.
Located in The Florida Club, residents enjoy a community pool, tennis and pickleball courts, fitness room, and a pay-as-you-play golf course complete with clubhouse, pro shop, and restaurant. Conveniently close to dining, shopping, and major highways for easy commuting, this home blends comfort, lifestyle, and location beautifully.
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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