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328 Cedar Key Circle
About This Property
This light-filled villa offers an open, free-flowing layout with a spacious, air-conditioned sunroom-ideal for relaxing, entertaining, or working from home. The beautifully updated kitchen features solid wood cabinetry, granite countertops, and stainless steel appliances. Neutral ceramic tile throughout the main living areas, with warm wood flooring in the primary suite. Additional features include full impact windows, accordion shutters on sliders, a circular driveway, interior laundry room, and ample storage. Located on a quiet interior street with low HOA fees, this home offers privacy, security, and low-maintenance living. Residents enjoy all the benefits of the City of Atlantisa gated, golf-cart-friendly community with 24/7 security, two golf courses (private & semi-private), tennis, pickleball, parks, and a welcoming social atmosphere. All just minutes from beaches, shopping, dining, and major airports!
Must own/occupy the property for 12 months prior to leasing.
The City of Atlantis is a gated, manicured country club community offering 2 championship golf courses with no membership obligations. Kintz Park at The City of Atlantis, where families and residents gather to play tennis, pickleball or attend a party or City sponsored events (Annual Egg Hunt, Annual Spring Fling, Holiday Golf Cart parade, & more events! The Community Park Club room can be reserved for birthday parties or private events. Kintz Park has covered picnic areas and a water park for fun! Conveniently located close to the beaches, I-95 and in between major airports. The City of Atlantis is proud to have its own police department and city leaders that care and support the community.
DISCLAIMER: The written & verbal information provided including but not limited to prices, measurements, square footage, lot sizes, calculations and statistics have been obtained and conveyed from 3rd parties such as the applicable Multiple Listing Service, public records, as well as other sources. All information including that produced by the sellers or listing company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a property. The sellers and listing company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed, please don't consider this a solicitation.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017