3060 Craig Terrace
About This Property
Welcome to this stunning 3-bedroom, 2-bathroom, 1,709 sqft lakefront home nestled on the peaceful shores of Lake Victoria. This property offers the perfect mix of comfort, character, and upgrades-ready for you to move right in and enjoy Florida living at its finest. This home also has an assumable FHA loan at 2.5%
Surrounded by mature oak trees and bursting with curb appeal, the home greets you with a wide front porch perfect for morning coffee or unwinding in the evening. Step inside to an open and airy floor plan featuring a fresh coat of paint, a cozy fireplace, and new windows that flood the home with natural light and frame serene views of the lake and backyard oasis. The kitchen and main living areas flow seamlessly out to a spacious covered back porch, overlooking a saltwater pool with a brand new liner, ideal for entertaining or relaxing in total privacy. The backyard feels like a hidden retreat, with direct access to the lake and ample space to soak in the surroundings.
Additional upgrades include new gutters, refreshed landscaping, and tasteful finishes throughout. The azaleas may have just finished blooming, but this home offers natural beauty in every season.
Homes on Lake Victoria are rarely availabledon't miss this opportunity to own a truly special property!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017