1687 ELKHART CIRCLE
About This Property
Notable features include solid floors throughout and oversized doors in the primary bedroom for easy accessibility. The community is a popular choice for those moving to Florida, with a golf cart-friendly atmosphere that connects you to downtown Tavares. Enjoy dining at local restaurants and exploring the area's frequent events.
The property is located in a unique spot with no neighbors behind it, as it's designated for trailer and oversized vehicle parking. A ramp is available for negotiation. Come see this great opportunity!"
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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 Lake Frances Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 3 Beds
- 2 Baths
- 2,139 ft²
$2,100 /mo
- 3 Beds
- 2 Baths
- 2,139 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017