Enjoy indoor-outdoor living in this 3-bedroom, 2-bath home on a
corner lot in gated Saratoga Bay. The kitchen features white
cabinetry, dark countertops and a breakfast nook, with separate
living and dining areas for everyday comfort and entertaining. A
covered patio opens to a landscaped backyard with additional
outdoor seating space. Interior laundry includes a utility sink and
cabinetry. Concrete-tile roof replacement completed in 2007 per
city permit records. Residents enjoy access to the Villages of Palm
Beach Lakes recreation parks with pools, tennis, pickleball, bocce
and walking trails. HOA services include water/sewer, trash, basic
cable, internet and front-yard landscaping. The home offers a
covered entry, garage and driveway parking, three bedrooms and two
bathrooms. One bathroom features a double vanity, separate bathtub
and glass-enclosed shower, while the second has a walk-in shower.
The covered patio provides space for outdoor dining and seating,
with additional paved outdoor space beyond.
Saratoga Bay residents have access to Faircloth, Perini and Shiloh
parks through the Villages of Palm Beach Lakes POA. Community
recreation includes pools, tennis, pickleball, bocce, playgrounds
and exercise trails. The HOA also provides periodic roof cleaning
and sidewalk and driveway pressure cleaning. Backyard maintenance
and roof repair or replacement remain the homeowner's
responsibility.
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017