One or more photo(s) has been virtually staged, AI generated or
rendered. Amazing Shelby floorplan has 3 Beds, a Flex Room
and 2.5 baths! HUGE oversized extra deep garage (20x32
tandem). Special features include impact windows/sliders,
high-end linen color cabinets w/cushion close, upgraded
faucets/hardware, single bowl kitchen sink, stainless steel
appliances, quartz counters throughout, wood-look floor tile &
more! Community highlights include: The property's
potential for a future pool further elevates its appeal, offering a
personal oasis right at home. Residents of Palmetto Landing can
indulge in a plethora of community amenities, from the clubhouse's
social and game rooms (with pool table & TV's) to the resort-style
beach entry pool with lap lanes and fitness center. With its
convenient access to Babcock Ranch's shopping, dining, and
entertainment options, this home is a harmonious blend of comfort
and sophistication, promising a lifestyle of unparalleled
convenience and luxury.
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.
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