231 Auburn Woods CIRCLE
About This Property
The kitchen has been refaced, featuring new cabinets and countertops, which pair nicely with the top-of-the-line stainless steel appliances, including a refrigerator with Alexa built in and a new garbage disposal. The dining area is situated in a dinette, which provides a great space for meals with friends and family.
The home has been freshly painted, with new lighting and ceiling fans throughout, creating a bright and inviting atmosphere. The bathrooms have been updated with new fixtures, and plantation shutters have been installed, adding a touch of elegance to the space.
The garage has been updated with a new epoxy floor, which is both durable and easy to clean. An office space is available for those who work from home or just need a quiet place to read or study.
The outdoor enclosed lanai provides a great space for entertaining guests or simply enjoying the Florida sunshine. The home also includes inside laundry, making chores a breeze.
This home's split plan includes two bedrooms and two baths, providing plenty of space and privacy. The two-car garage provides ample storage and parking space.
Located just 3 miles from Venice Beach, this home is perfect for those who enjoy spending time in the sun and sand. The Auburn Woods subdivision also offers community amenities, including a pool, fitness center, and clubhouse, providing a great opportunity to meet and socialize with neighbors. Overall, this home offers a comfortable and luxurious lifestyle in a prime location.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017