3616 Sapphire Cove Circle
About This Property
The kitchen features quartz countertops, a stylish backsplash, stainless steel appliances, an island, ample cabinetry, a pantry, and an adjacent dining area framed by windows. The master ensuite bath boasts dual sinks, a walk-in shower with frameless glass door entry, a soaking tub, and a water closet. Additional highlights include tray ceiling accents, a versatile den/office/flex space, spacious guest rooms, and a large laundry room with ample storage and a sink.
Sapphire Cove amenities include a clubhouse, resort-style pool, spa, and exercise room.
This home is immaculate and shows like new.
As an added bonus, no flood insurance is required offering you cost savings and piece of mind!
Why wait to live your Florida dream, make this amazing home yours today!
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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