16543 Golden Eagle BOULEVARD
About This Property
The expansive yard, beautifully covered with pavers, offers ample space for family entertainment and is enclosed with a nicely build PVC fence for added privacy. Important updates include a roof replacement in 2017, and a new AC system installed in 2023.
Situated in a prime location, this outstanding home is just minutes away from the enchantment of Disney World and the soon-to-be-completed Village of "Olympus," a unique development that will boast a state-of-the-art health campus, entertainment venues, sports facilities, residential areas, retail options, restaurants, and more. Additionally, the home is conveniently close to major shopping centers housing top retailers and offers easy access to highways such as 429, I-4, the Florida Turnpike, and more.
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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