Manor Home on Blacksmith Forge in Country Creek has 2 bedrooms, 2
baths, den and/or optional 3rd bedroom with closet. The
kitchen offers a breakfast bar with Corian countertops and generous
cupboard and cabinet space. Flooring is tile and laminate
throughout, Separate laundry room located in interior of
house and not in the garage is a plus. The private lanai with
new Storm Screen is a most pleasant area to enjoy the serene
surroundings of the preserve and it is a short walk to the pool and
tennis court. Country Creek is a much sought after
resort-style golfing community with low cart fees, men's and
women's tennis leagues, bocce league, 5 pools, spa, an active
clubhouse with a full service restaurant and bar and activities for
every appetite including card clubs, knitting circle, volunteer
groups, etc. VCC is located close to the library, post
office, Coconut Point and Miramar Malls, fine and casual dining,
and minutes from the airport, and beautiful gulf shore beaches.
Unit Size
1,236 Ft²
Days on Market
171 days
Land Size
0.11 acres
Price per sqft
$282
Property Type
Multifamily
Property Taxes
$135
HOA Dues
$1,450
Year Built
1994
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Interior Features: Breakfast Bar, Builtin Features, Bedroomon Main Level, Living Dining Room, Main Level Primary, Shower Only, Separate Shower, Cable TV, Vaulted Ceilings, Walk In Closets, High Speed Internet, Split Bedrooms
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