**MOVE-IN READY WITH A POOL** Be among the first to own and
live in the newest 55+ community of Valencia Sky, which is a
premier active adult community offering care-free, resort-style
living. This beautiful and spacious "Skyline" floor plan HAS
A POOL and offers impact resistant windows, natural stacked stone
on front elevation, summer kitchen stub-out and gas pre-plumb on
patio, glass entry doors, an upgraded electrical package, upgraded
painting throughout , window coverings throughout and a gas
tankless water heater. It has 3 bedrooms plus a den, 3 baths, and a
2-car garage. The open kitchen includes stainless steel GE
appliances, upgraded soft-close cabinets, quartz countertops, and a
chimney-style hood with quartz backsplash. The master bedroom
offers spacious his and her closets and a master bath with dual
sinks. Valencia Sky is located just minutes from 5th Ave shopping
and dining and provides a new standard of 55 plus living by
offering an exciting vacation-inspired lifestyle that rivals the
finest resorts. The opulent 35,000 sq. ft. Clubhouse and Lifestyle
Complex offers a grand social hall, restaurant, lounge and bar,
state-of-the-art fitness center, shaded yoga garden, arts & crafts
studio, card room, sports lounge with simulator, hair and nail
salon, massage rooms, steam room, salt sauna, cold plunge, and so
much more. A full-time, on-site lifestyle staff director ensures
that there is something for everyone to enjoy.
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.
HOA/Condo/Coop Amenities: Billiard Room, Cabana, Clubhouse, Dog Park, Fitness Center, Park, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Management, BocceCourt, Billiards, HobbyRoom, Pickleball, Restaurant, Sidewalks
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