20240 Black Tree Lane
About This Property
You can enjoy stunning views of the lake and preserve, with a southwest-facing backdrop perfect for these Southwest Florida sunsets. The tropical landscaping out back creates a private and peaceful setting on the extended lanai, which is perfect for relaxing and entertaining. The lanai also includes a roll-down storm shutter for added protection. The affordable HOA fees include comprehensive lawn care and access to luxurious amenities, such as a cutting-edge gym, yoga/flex room, tot lot, tennis and pickleball courts, and a beautiful pool surrounded by cabanas, beautiful landscape and views of the lake. Location, location, location... conveniently near Miromar Outlets, Hertz Arena, unlimited shopping and dining, RSW Airport, white sandy beaches and so much more. Call today!
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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 Lee
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$3,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017