3812 Valentia Way
About This Property
The home features a flexible den, ideal for a home office, hobby room, or additional guest space. The generously sized bedrooms provide peaceful personal retreats, while the well-appointed bathrooms offer both convenience and comfort. Step outside to your private screened lanai, where a sparkling pool overlooks the tranquil lake. Here, you can enjoy sun-filled days, quiet mornings with coffee, or evenings spent relaxing outdoors as you take in the shimmering water. This outdoor space truly extends your living area, providing a picture-perfect setting to unwind and embrace the relaxed Florida way of life.
What residents love most about Island Walk is the blend of convenience, activity, and community spirit. Known for its low HOA fees, Island Walk delivers an impressive lineup of amenities rarely found in one place. Miles of interconnected walking and biking paths wind through scenic bridges, picturesque lakes, and beautifully maintained landscaping, making it easy to enjoy the outdoors. At the heart of the community is the Town Center, where residents enjoy resort-style and lap pools, a state-of-the-art fitness center, tennis and pickleball courts, bocce, a putting green, and a neighborhood restaurant and cafe. Beauty services, along with on-site conveniences such as a gas station, car wash, and post office, make daily living remarkably easy.
Island Walk is also known for its active and welcoming atmosphere. The community's lively social calendar is filled with activities, clubs, and events that cater to a wide variety of interests. Whether you enjoy fitness classes, games, crafts, or simply gathering with neighbors, there is always something happening, creating a strong sense of belonging and connection.
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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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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017