Beautifully updated 4-bedroom plus den home in Valley Oak at
Vineyards with private screened pool and spa, 2,712 sq. ft. of
living area, and a 0.27-acre lot. Features include an open
split-bedroom floor plan with both living room and family room, a
brand new kitchen with a large island (2026), vaulted ceilings,
zero-corner sliders (2026), travertine tile throughout, fresh
interior paint (2026), a new AC system (2025), a recently replaced
water heater (2025), an upgraded garage with epoxy flooring, a new
guest bath vanity, and new laundry cabinetry (2026). The outdoor
living area is a standout, featuring a redone stone lanai deck, a
wood-ceiling covered lanai, an outdoor shower, and a
low-maintenance fiberglass pool/spa. Located in the gated Vineyards
community with sidewalks, streetlights, bike/jog paths, community
park access, and optional private membership opportunities.
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.
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