Looking for ONE story w/ 1 car garage in gated cmmty? Welcome to
your new waterfront, charming 2-bed, 2-bath, renovated kitchen
w/stone countertops, designer backsplash, stainless appliances,
tall white cabinets. Modern coastal tile throughout, both
baths updated, primary bath has spa like feel. Sunny, fresh
interior w/abundant natural light, fresh paint, vibrant
landscaping, new epoxy garage floor, new driveway asphalt/updated
LED lighting both in/out. Covered screened back patio are a
must see! HOA only $450/mo, includes ROOF, exterior, heated
pool, spa, gym, tennis courts and indoor racquetball. Near
shopping, dining, easy access to I-95, FL Tpike and 12-minute drive
to beach! Roof 2023, HWH 2026. Pets OK, Lease
Immediately, No HOA appv. needed! Garage pkg plus 1 dedicated
space!
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.
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Playground, Pool, Parking, Spa/Hot Tub, Security, Tennis Court(s)
HOA Fee: $450
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
1988
Effective Year Built:
1989
Building Count:
1
Bedroom Count:
2
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Building Condition:
6
Building Quality:
7
Construction Type:
12
Building Style:
35
Exterior Walls Type:
7
Interior Walls Type:
3
Roof Shape Type:
7
Roof Cover Type:
3
Floor Count:
100
Living Units:
1
Floor Cover:
2
Basement Type:
0
Basement Area:
0
Parking Type:
2
Garage Type:
7
Garage Square Area:
200
Parking Space Count:
1
Patio Type:
55
Porch Type:
111
Pool Type:
0
Dimensions
Lot Size Square Feet:
3,736
Total Building Area:
1,334
Gross Building Area:
1,334
Building Area:
1,126
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
0
Heated Square Feet:
1,126
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
CORAL POINT NORTH 126-32 B
Land Acres:
0000000086
Standard Land Use Code:
1002
County Land Use Code:
01-04
State Land Use Code:
01
Legal Description 1:
CORAL POINT NORTH 126-32 B POR OF PAR A DESC AS COMM AT NW COR OF SAID PAR A,E 1579.94, S 391.33,SW 111.76 TO POB SE 104.48,SW 36.45,NW 20, NE 0.85,NW 84.48,NE 35.60 TO POB AKA: UNIT 217 BLDG 45 DISCOVERY POINTE PHASE II
Neighborhood
School District Name:
Broward County School District
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