16245 YELLOWEYED DRIVE
About This Property
The primary suite includes a spacious walk-in closet and en-suite bath with dual sinks and a walk-in shower. Recent upgrades include a brand-new roof (2023), new gutters, and upgraded kitchen appliances, ensuring worry-free ownership.
Located just minutes from Disney World, Margaritaville Resort, Hwy 192, and US-27, residents enjoy easy access to shopping, restaurants, and entertainment like Sunset Walk, Lake Louisa State Park, and Downtown Clermont's waterfront district with weekend farmers markets and lakeside trails. Zoned for Sawgrass Bay Elementary, this family-friendly neighborhood offers low HOA fees, sidewalks for evening strolls, and a community playground.
Whether you're a first-time buyer, growing family, or investor looking for long-term value, this property delivers the perfect combination of comfort, style, and location.
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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 Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017