PRICED TO SELL! Spacious 3-bedroom, 2-bath home with a 2-car garage
in Lost Lakes-Northwest Lakes, a highly desirable 55+ community.
This home offers plenty of space, abundant storage, and several
important updates, making it a great opportunity to add your own
personal touches and make it your Florida home. The kitchen
features updated cabinets, solid-surface countertops and a new
faucet (2015). Major systems include a 2024 hot water heater with a
6-year warranty and a 2021 A/C. Hurricane strapping is up to date
for added peace of mind. And the location is hard to beat! Watch
rocket launches right from your front door, enjoy a short drive to
the beach, or head to nearby Port Canaveral for waterfront dining
and cruises. If you're looking for space, value and the Florida
lifestyle, this one is worth a look!
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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