25248 PADRE LANE
About This Property
Inside, the open and inviting floor plan is complemented by designer furnishings, stylish details and contemporary finishes. The beautiful modern kitchen features sleek cabinetry, stainless-steel appliances and generous counter space, creating a bright and functional space for everyday living and entertaining.
Enjoy added peace of mind with a roof and rain gutters approximately 3 years old with top-of-the-line shingles, along with included hurricane shutters. The home also features smart-home technology, an irrigation system and energy-efficient features throughout.
Furniture is included, making this a truly move-in-ready opportunity for a full-time residence, seasonal retreat or Florida getaway. With its architecturally distinctive design, cul-de-sac setting, paid solar, newer major improvements and convenient location, this home offers an impressive combination of style, comfort and functionality. Just bring your suitcase and start enjoying the Florida lifestyle!
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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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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017