21632 Berwhich Run
About This Property
New roof 2018, new A/C 2020. Wood stairs lead up to nice laminate flooring put in the upstairs bedrooms and walkway. Kitchen offers granite counters, wood cabinets and stainless appliances. Large screened lanai with pool overlooks the 8th green of the golf course and lake. Stoneybrook amenities offer something for everyone! Exercise room, tennis courts, pickleball, volleyball, basketball, in-line skating rink, bocce ball and baseball field! The golf course is public so you can pay when you play. Conveniently located close to shopping, dining, interstate, beaches, university and airport. Short walk to golf course clubhouse, CVS, Publix, Miromar mall and Hertz arena. 15 minutes from airport baggage claim. Low association fees and great amenities make Stoneybrook a popular choice! Closing to occur mid July.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017