This 1-owner SFH offers 3 beds plus den, 2.5 baths, 2-car garage w
separate golf cart parking & entrance. The thoughtfully designed
split-bedroom floor plan provides privacy & comfortable living
spaces throughout. Tile flooring extends throughout the main living
areas, w carpeted bedrooms. Tasteful decor, 2 elegant chandeliers,
recessed lighting, and high ceilings add warmth and character. The
kitchen features white shaker cabinetry, granite countertops,
cooktop, separate wall oven, creating a functional inviting space
for everyday cooking and entertaining. The family room offers room
for a casual table, while a separate dining area provides a more
formal setting. A convenient half bath is ideally located for
guests. The spacious den, complete w double doors for a private
office or 4th bed The primary suite features a well-appointed
bathroom with a separate soaking tub and shower, along with a
private commode area. Enjoy additional outdoor living on the
screened patio, offering a peaceful setting with no rear
neighbors.
Located in The Palms at Atlantis, within the incorporated City of
Atlantis, residents enjoy a unique setting with access to two golf
courses, one private and one public, along with country club
amenities, a water park, tennis, pickleball, and basketball
facilities. The 18-hole Atlantis Country Club golf course and its
dining restaurant are open to the public, including non-residents.
The City of Atlantis also maintains its own City Hall, local
government, and police department, adding to the distinctive
character of this established community.
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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