2026 Terrazzo Lane
About This Property
The home is being offered furnished to a high standard and features a large open plan living/dining room with large glass sliding doors leading to the screened in outdoor seating area overlooking the tranquil pool and lake.
The Master Suite has a King size bed with an en-suite shower and separate roman tub. The 2nd and 3rd bedroom are both double beds and share a 2nd bathroom with a tub/shower combination.
Briarwood has a fantastic community area to play pickle ball, tennis, basketball, and even has two additional community pools all available for your use during your stay. Less than 5 miles to the beautiful Naples beaches and the shops of 5th Ave So and 3rd Street south making this home the top choice for your vacation destination.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017