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2564 Sandy Cay
About This Property
NICELY DECORATED, WELL MAINTAIN, OPEN KITCHEN WITH STAINLESS APPLIANCES, COUNTER TOP BAR, TILE AND LAMINATE, NO CARPET. PLANTATION SHUTTERS, ELECTRIC BLIND, HURRICANE SHUTTERS ALL HOUSE, GARAGE FOR 2 CARS AND DRIVEWAY FOR 2 CARS. LOW HOA INCLUDED : SECURITY WITH GUARD 24/H, PATROL, CABLE,, HIGH SPEED INTERNET,, ALARM, LAWN MOWER, TRIMMING, 10,000 SQ FT CLUB HOUSE, WITH BIG HEATED POOL, BABY POOL, JACCUZY, 6 TENNIS, BOCCE BALL, PLAYGROUND, JOG AND BIKE SAFETY INSIDE THE COMMUNITY, CLOSE TO EVERYTHING, WALK TO PUBLIX AND STORES, UPS, ETC... WELLINGTON MALL AND POLO CLUB, RESTAURANTS, SHOPPING, THEATER, 20 MN TO THE BEACHES 12 MN TO PB AIRPORT, PERFECT LOCATION A+. WELCOME COMMUNITY. SELLERS MOTIVATED
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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%.
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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 Oakton Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017