One or more photo(s) has been virtually staged, AI generated or
rendered. This luxurious one-story Clifton floorplan boasts
an inviting open concept design, seamlessly blending the great
room, kitchen, and eating area for effortless everyday living and
entertaining. The allure of a waterfront view with a charming lake
fountain adds a touch of tranquility. With 3 bedrooms, 2 full
baths, and a 2-car garage, this home offers both comfort and
convenience. Enjoy the added security and peace of mind with
included impact windows. The upscale features continue with
high-end cabinets featuring under cabinet lighting, upgraded
faucets and hardware, a sleek single bowl kitchen sink, stainless
steel appliances, and elegant quartz countertops throughout. The
property also provides space for a potential future pool, adding to
its allure. Located in the Palmetto Landing Community, residents
can revel in the amenities including a stunning clubhouse (already
open-available for private events) equipped with a resort-style
beach entry pool w/ two lap lanes, splash pad, fitness center, game
room w/a pool table, card tables, TV's and a gated entry for added
security. With easy access to shopping, restaurants, and all the
attractions of Babcock Ranch, this home offers the perfect blend of
luxury and convenience.
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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