20401 Talon Trace
About This Property
Inside, the open-concept layout is anchored by a spacious island kitchen featuring granite waterfall countertops and a gas range. The living and dining areas connect seamlessly to the outdoors, creating a fluid setting for everyday living and entertaining. Tile flooring spans the main living areas, while wood flooring enhances the bedrooms and den. The primary suite is a retreat in itself, featuring bay windows that overlook the lanai and pool, along with a custom built-in closet system.
Additional highlights include a whole-house generator (2020), hurricane shutters, an epoxy-finished garage floor with built-in storage, and a new roof (2020). In this natural gas community, the residence offers gas service to the range, water heater, and outdoor grill. Rookery Pointe amenities include a resort-style pool, clubhouse, fitness center, tennis, pickleball, basketball, and a social room, along with full golf cart accessibility throughout the neighborhood.
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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 Estero
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$5,995 /mo
- 3 Beds
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- 1,656 ft²
$9,500 /mo
- 2 Beds
- 2 Baths
- 1,981 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017