230 PINE MANOR Drive
About This Property
Natural light floods the interior through numerous windows, creating a bright and inviting atmosphere. The private backyard provides a serene outdoor space, and the screened-in lanai is perfect for enjoying the outdoors while maintaining comfort and protection from insects.
This home is not only aesthetically pleasing but also designed for practicality and comfort, making it an ideal residence for those seeking a stylish and functional living space in TIMBERLAND RIDGE AT NOCATEE, the #1 School District in the State of Florida.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017