16808 Meadows STREET
About This Property
Upon entering this stunning property, you are greeted by a welcoming ambiance with a large open floor plan that is perfect for both entertaining guests and everyday living. It has been thoughtfully designed with a focus on modern living, as evidenced by the absence of carpet throughout the home.
Additional highlights of this beautiful residence include the large primary bedroom with a large walk-in closet, tray ceiling, and access to the back patio. Just off the primary bedroom is the extensive primary bathroom with dual vanities, large shower stall and separate bathtub.
Upgrades to 16808 Meadows Street also include a new roof installed in 2023, granite counter tops throughout the home, tray ceilings in the den/office space, dining room, and the primary bedroom. You will also notice the upgraded fixtures as well.
Residence of the community are also in close proximity of the beautiful community pool, perfect for enjoying Florida's sunny days and socializing with neighbors, while also being located just a short drive to Walt Disney World.
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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