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2469 ORSOTA CIRCLE
About This Property
downstairs with full bathroom plus an additional flex space off the garage perfect for a home gym or children's playroom! Upstairs features spacious secondary bedrooms with walk-in closets with Jack-and-Jill bath, a full bedroom w/ en suite bathroom and a large primary suite with tray ceiling, dual walk-in closets, garden tub, dual sinks, and separate shower.
Enjoy Florida living year-round with a heated saltwater pool and spa, oversized screened enclosure completed in 2025, covered patio, and outdoor TV that conveys. Additional updates and features include a 2022 roof, brick paver driveway, irrigation system, 3 Car Garage w/ Storage Racks and much more! HOA includes clubhouse, community resort style pool, playground with basketball courts and tennis courts and ample walking and jogging paths!
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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%.
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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 Westyn Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017