166 Stafford CIRCLE
About This Property
The comfortable great room features beautiful engineered hardwood flooring, while the completely updated kitchen boasts new stainless steel appliances, granite countertops, and elegant porcelain tile. The expanded master bedroom offers ample space for an office or sitting area and plenty of closet storage. Both bathrooms have been tastefully upgraded, and the third bedroom is currently used as an office but can easily serve as a guest room.
Enjoy the dream 2-car garage with extensive storage, a built-in laundry area with tub (washer/dryer included), wind load protection garage door, and an additional 30 Amp circuit. The property also features a Wi-Fi irrigation controller and a deep well for irrigation. Plus, a separate side entry provides easy access to a storage room.
As part of the vibrant 55+ Active Adult community, your $150 HOA fee includes a golf membership for two, access to two community pools, tennis courts, a clubhouse, lodge, boat access to Lake Tarpon, shuffleboard, and a full calendar of activities. Don't miss this opportunity to live in a beautiful home in an exceptional community!
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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 Highland Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017