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About This Property
RV Lot ownership grants you complete access to all of the exceptional amenities within the gated River Ranch RV Resort-including private clubhouse facilities, community pools, tennis and pickleball courts, shuffleboard, recreation halls, and a full calendar of social events and activities. Additionally, owners and guests enjoy seamless access to the adjacent Westgate River Ranch Resort & Rodeo, an iconic Florida glamping and cowboy destination featuring a championship rodeo arena, waterpark, horseback riding, skeet and trap shooting, archery, airboat and swamp buggy rides, a full-service marina along the Kissimmee River, golf course, adventure park with zip-lines and rock climbing, saloon, live entertainment, and multiple dining venues. (additional fees may apply)
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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