16234 Amethyst Key DRIVE
About This Property
3-D VIDEO TOUR FOR THIS HOME. Valencia Lakes is a 55+ golf cart community. 40 acre waterfront outdoor recreation area with resort-style heated pool, lap and resistance pool, 40,000 sq. ft. clubhouse, deluxe Bistro, arts and crafts studio, har-tru tennis courts, fitness center, half court basketball, pickleball and bocce courts, dog park, baseball park, hundreds of clubs and activities, RV/boat storage area. Over 100 acres set aside as nature preserves; enjoy the quiet and solitude of peaceful views, birds & wildlife by the water. More than 3 miles of bike and walking paths. Great sense of community with great friendly neighbors. Please call for a private showing and experience this wonderful community for yourself. Tampa, St. Pete and Sarasota 30-45 minutes away. Close to the airport, medical facilities, shopping and golf.
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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%.
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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 Wimauma
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017