20076 Tavernier Drive
About This Property
and Front area also includes custom ELECTRIC HURRICANE STORM SHUTTERS with accordion shutters on the back. Custom landscape lighting. Spacious backyard with room for pool and spa. It is on the electric grid with Hertz arena and did not lose power during Hurricane Ian. It is also a NATURAL GAS community. Come and enjoy that perfect lifestyle in this fabulous community. Including: Activities Director, tennis, pickleball, bocce, fitness center, library, heated resort style pool, spa and much more. Conveniently located within walking distance to Miramar Outlets and Hertz Arena. Close to RSW Airport, Coconut Point Mall, Gulf Coast Center Mall and the beautiful Southwest Florida beaches. Come shop, dine and live in this wonderful community Quick close available.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017