1971 CALUSA Trail
About This Property
Welcome home! This beautiful 3BD/2BA pool home, sits on an oversized corner lot located in the highly sought after Ridaught Landing subdivision. Perfect for the family with small children, as the home is located only a short walk to RideOut Elementary. The home features an amazing family room with soaring ceilings, fireplace, and a unique loft area which over-looks the room! The massive backyard features a spacious screened in porch, and a large in-ground swimming pool to relax on this hot Florida summer days! This one is must see and will not last long!
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017