22258 Draw Bridge DRIVE
About This Property
Royal Highlands not only offers well built homes, but also a fulfilling retirement lifestyle. Whether you're looking to live an artful or an active lifestyle, there's always something to do at Royal Highlands! Stay active with two resort style pools, walking paths around the neighborhood, fitness classes, sport courts (bocce, shuffleboard, pickle ball, tennis), softball fields and a billiards room. Make new friends and join some of the dozens of clubs available or take a class to learn painting or quilting. Spend your morning at the Monarch, Royal Highlands semi-private golf course, and then have lunch at the onsite restaurant - Crown & Shield. In the evening, enjoy a professional production in the Great Hall. Conveniently located right off Hwy 27, it's just a short drive to shopping, restaurants, healthcare facilities, and The Villages! Fully embrace the Florida lifestyle and make this inviting home yours today! Room Feature: Linen Closet In Bath (Primary Bedroom).
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by HANCOCK REAL ESTATE | $321,900 | |
| Listed by HANCOCK REAL ESTATE | |||
| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
| Nov 23, 2022 | Price Decreased |
$317,777
↓ $25K
(7.3%) | |
| Price Decreased | |||
| Oct 17, 2022 | Listed by HANCOCK REAL ESTATE | $342,777 | |
| Listed by HANCOCK REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017