Virtually Staged. Under Construction. The Florence at Creekside Run
in Babcock Ranch is a beautifully designed two-story home featuring
4 bedrooms, 2.5 bathrooms with the master on the main, and 2,103
square feet of living space on a 10,384 square foot homesite. This
floor plan includes open-concept living, gas stainless steel
appliances, quartz counters, impact windows and doors, a covered
patio, and a 2-car garage. Residents of Creekside Run enjoy access
to an amenity center, pool, park, trails, tennis court, pickleball
courts, basketball court, dog park, playground, picnic areas,
soccer field, volleyball court, lake, and golf cart path or access.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017