237 Wekiva Cove
About This Property
Massive Great room with built-ins for TV and 2 amplifiers for Speakers. Upon entering there is a room on the left that is used for an office or den. On the right is a large dining room accented with columns as you enter. The kitchen is open to the great room and features granite counters and stainless appliances. Enjoy the breakfast area that overlooks the large screened porch and beautiful lake. There is a lighted bar at one end of the great room with a refrigerator and also a guest bath.
The master suite is located on the other side of the great room and kitchen. Open the blinds on the window from your bed with remote. The large Master bath features double vanities and whirlpool tub. Large laundry room off the kitchen leads to a 2 car garage with workbench.
Complete with Hurricane Shutters.
One of a kind stunning home in a very private setting. Community Pool, 2 tennis courts, playground and park. Just minutes to Beautiful white sandy beaches, fabulous restaurants and one of the largest fishing fleets in Northwest 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