2060 Sawgrass DRIVE
About This Property
LAKEFRONT living in established Lexington Club of Errol Estates. This beautiful lakefront home has been completely remodeled with high-end modern finishes. 4 bedrooms, 2.5 baths with a 2 car garage. The kitchen offers a full GE matte stainless steel appliance package, granite counter tops and a breakfast bar. There is a large family room, dining room, and formal living room with fireplace. Primary bathroom has dual sinks, walk in shower with body jet and a separate jacuzzi tub. Primary bedroom has double French doors leading out to back covered patio and back yard featuring lots of trees. Updates include: All bathrooms fully renovated, engineered hardwood flooring and ceramic tile throughout, no carpet anywhere! Updated LED lighting & Hunter ceiling fans. All windows have beautiful Bali blinds. 2014 new architectural shingle roof, 2018 digital water heater, new Lift Master garage door opener, seamless gutters w/Leaf Filter gutter guards and exterior up lighting. Easy access to the 429, which will take you to the attractions in Orlando, Disney, Universal and Sea World for your enjoyment.
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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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About Errol Estates Country Club
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$2,650 /mo
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$2,749 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017