2035 ARDEN FOREST Place
About This Property
Step outside to your private screened lanai and enjoy a heated saltwater pool and spa with serene preserve and water views. Perfect for entertaining, the outdoor space features built-in patio speakers, pavered surfaces, and lush landscaping. A large Red Maple provides refreshing afternoon shade, and expansive sliding glass doors allow for seamless indoor-outdoor living year-round. Additional upgrades include built-in garage storage, an upgraded electrical panel, and a new water heater (2024). Located in an A-rated school district, this home also offers full access to Eagle Harbor's community amenitiesmultiple pools, tennis and pickleball courts, walking trails, and regular neighborhood events. Conveniently close to top-rated shopping, dining, and entertainment, this home is move-in ready and offers the best of Florida living. Schedule your private showing todaythis rare opportunity won't 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 Fleming Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017