2113 SW Panther Trace
About This Property
breakfast nook, large walk-in pantry, large family room, large master suite with double walk-in closets and on suite spa like master bath, bonus room upstairs with private bedroom and bath, balcony overlooking the lake, hardwood floors, salt system heated pool and spa, cabana/pool bath, whole house generator, impact windows and accordion shutters, located on a large lakefront lot with tropical mature landscaping. Lake Tuscany is centrally located close to shopping, dining, and highways for easy commuting.
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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 Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017