167 Shawnee
About This Property
Life on the water is effortless with a boathouse built in 2024, complete with lift, a secure storage room, and solar lighting. Whether you're casting a line from your private dock or gathering around the fire pit after a day on the lake, every detail is designed with relaxation and leisure in mind. The property also includes a spacious garage with two roll-up doors, cement slab, electricity, and WiFi, plus a garden shed for added storage.
Holiday Villages is a vibrant, amenity-filled community that welcomes full-time residents as well as short- and long-term rentals-making it an ideal option for a vacation getaway, primary home, or investment property. The affordable HOA fee is just $52 month. Community water is provided through a double well water filtration system, and sewer services are available, with each billed at $65 month plus usage. High-speed internet is available via satellite or fiber-optic providers. Residents of Holiday Villages enjoy an array of resort-style amenities, including stocked fishing ponds, a sparkling saltwater pool, multiple playgrounds, a basketball court, horseshoe pits, and covered picnic areas with BBQ grills-perfect for outdoor gatherings. The community also offers a full calendar of social events, featuring holiday celebrations, monthly potlucks, bingo nights, painting classes, and weekly clubs, creating a welcoming and active lifestyle for all.
Bring fishing gear-your lake life adventure starts here!
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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