20720 Granlago DRIVE
About This Property
The interior dazzles with tray ceilings, open concept living, dining areas, and a kitchen island. The great room leads to a lanai for outdoor enjoyment. Features include stainless appliances, granite counters, crown molding, ceramic tile flooring, custom lighting/fans/closets systems in the master suite with its luxurious bath.
Outside is a fenced yard on a corner lot facing serene preserves. The community offers resort-style amenities like a heated pool/spa area, sports courts including tennis/pickleball/basketball courts; playground; miles of paths; clubhouse facilities like fitness center/saunas/steam rooms; full-time activities director.
Situated near Wellen Park's upcoming town center and close to essentials/beaches/I-75-this property promises an idyllic lifestyle. Book your visit now!
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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