2343 Caledonian STREET
About This Property
Decorative brick paver driveway and entry walkway. Brand new roof (March 2024) and gutters as well as lavishly landscaped.
HOA includes all lawn care and basic cable. 28,000 sf Club House includes heated resort-style swimming pool, Ballroom, Billiard and card room along with state of the art exercise facility. 8 Lighted tennis courts, shuffleboard, Boccie courts. Golfers dream! 18 hole Championship Mountain Golf Course with 10,000 sf golf clubhouse. 24 hour manned security entrance into the community. Also included in your HOA fee is cable and internet! Conveniently located near Florida's Turnpike, with easy access to downtown Orlando and the airport, this 55+ community offers a serene retreat with all the conveniences of modern living. Don't miss your chance to make this meticulously maintained residence your own!
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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 Summit Greens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017