283 Cabrillo DRIVE
About This Property
nearly new 3 bedroom and 2 bathroom home boasts 1614 square feet with an open concept
of kitchen and living space. Featuring granite countertops throughout, this home has been
meticulously maintained. It is truly turnkey and move in ready. The kitchen opens up to the
living room that has a built in surround sound system in the ceiling and is ideal for
entertaining guests. The Master Bedroom has an en-suite bathroom, soaking tub, dual
sinks, and separate walk-in closet. The sliding glass doors in the family room opens up to a
large screened-in patio and back yard. The back yard is completely fenced with white vinyl
privacy fencing. Ronald Sefton Gaffney Memorial Park is adjacent to the community offering
a 7.5 acre park site which include a parking lot, restrooms, dog park and grass nature trails.
This home is close to everything and is just minutes from Highway 50. Down the street is
Publix, Subway, Barrels and Board and other new restaurants in the area. The home is also
equipped with a surveillance system that captures video and audio, hardwired in with a
battery back-up. Record and view impressive video with 4K Ultra HD resolution with
superior definition and detail. This system also features Smart Motion Detection, so you only
receive notifications that are important to you. SOLAR PANELS ARE PAID OFF AND
ELECTRIC BILL IS VERY MINIMAL. Schedule your showing today!!!
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Cap Rate Calculator
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 Groveland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017