One or more photo(s) has been virtually staged, AI generated or
rendered. The Palmetto Landing Community presents the Clifton
floor plan. Boasting a serene setting with a picturesque lake view,
this 3-bedroom, 2-bathroom, 2-car garage 1-story home offers a true
open concept experience. With its modern amenities like Impact
Windows, Gas Range, Tankless water heater, and high-end Cabinets
paired with the elegance of quartz countertops and wood plank tile
flooring, every detail exudes sophistication. The open kitchen
layout seamlessly flows into the spacious living and dining areas,
ideal for hosting gatherings or simply relaxing in style. 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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