2685 20th Avenue SE
About This Property
Built in 2020 with concrete block construction, the home features impact-resistant windows, tile flooring throughout, and a practical split-bedroom floor plan designed for comfortable living. The interior includes a bright living area, eat-in kitchen, and a spacious primary suite with dual sinks and a walk-in shower.
One of the guest bathrooms offers direct access to the lanai, functioning as a convenient pool bath, adding flexibility for future outdoor living. Additional features include recessed lighting, laundry in residence with utility sink, and an attached two-car garage.
The property includes underground electric service, well water, septic system, irrigation, and an automatic sprinkler system. The expansive acreage provides ample room for outdoor living, additional structures, or future improvements while maintaining privacy.
Conveniently located with easy access to Immokalee Road, shopping, dining, and everyday amenities, this property offers the space, usability, and freedom that Golden Gate Estates is known for.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017