2472 Tranquil LANE
About This Property
One of the standout features of this charming property is the screened pool area with a relaxing hot tub-an ideal spot for entertaining guests or enjoying tranquil evenings under the Florida sky. The lush 11,640 sq ft lot provides ample room for outdoor activities or gardening endeavors. Whether you're lounging in the Florida Room, working from the office, or unwinding in the screened pool, this residence offers the quintessential Florida lifestyle.
This home features a NEW Roof (2021) NEW A/C (2018), No HOA, Newer Water Heater (2018) and much more! The Pool, Spa and Lanai were constructed in 2017. The solar panels are completely paid off and greatly reduce heating and cooling expenses! You do not want to miss the opportunity to call this your home!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017