2524 MONACO COVE CIRCLE
About This Property
The bright and open living room features sliding glass doors that lead to a covered lanai and private fenced backyard, perfect for relaxing or entertaining. The chef's kitchen boasts granite countertops, modern cabinetry, a stylish backsplash, a pantry closet, and stainless steel appliances.
The primary suite offers a generous layout with a walk-in closet, while the en-suite bathroom includes a glass enclosed shower, dual vanities, and a linen closet. The second bathroom has been renovated with a modern stand-up shower and quartz vanity. Additional highlights include a separate laundry room with washer/dryer hookups and ample storage space.
This home has been freshly painted on the exterior and features updates, including a newer roof (2019) and interior paint (2023). Located just minutes from major highways, shopping, dining, hospitals, and entertainment, this home is a short 15-minute drive to Orlando International Airport, downtown Orlando, and major theme parks.
Don't miss this opportunity-schedule your showing today!
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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