1854 Leybourne LOOP
About This Property
Check out this original owner home in the highly desired Heatherstone neighborhood of Meadow Pointe III. This stunning home features an eat-in kitchen with a custom pantry organizer, a formal dining room with additional cabinets and a wine fridge. There is an extended screened lanai perfect for outdoor entertaining and enjoyment of our Florida lifestyle. The property abuts conservation and has a fenced backyard for your privacy. Mature landscaping and curb appeal in the front yard with the cushiest of lawns in the backyard. This home has been well maintained with the flooring updated in 2019, A/C and the water heater replaced in 2016. If wanted, a fresh coat of paint on the interior would be all it needs and it's move-in ready!
Photos will be added to the listing on 5/6/2021
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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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Meadow Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017