1676 TALL TIMBER Drive
About This Property
*LOW HOA
*NO CDD*
This gorgeous 3 bedroom / 2 bathroom Fleming Island home has been completely renovated including fresh paint, new flooring throughout, brand new bathrooms and kitchen, new upgraded lighting/fans, new water heater, new appliances, new plumbing fixtures and much more.
Some of the many features include Silestone countertops, huge vaulted ceilings w/ skylights, spacious master bedroom w/ tray ceilings, garden master bath w/ 2 vanities, 2 walk-in closets, large family room w/ fireplace, screened porch, spacious private fenced backyard and much more!
Owner is a Licensed Real Estate Broker.
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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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017