393 Ottawa Way
About This Property
Explore vibrant 55+ living in gated Ameri-Cana Resorts. Amenities include a pool, tennis courts, clubhouse, and more. This adorable blue home welcomes you with a sunny vinyl-floored sunroom. Step inside to find a well-lit living area, a breakfast nook, and a kitchen with classic black & white appliances. The bedroom offers an en-suite bath and access to the private backyard. Conveniently situated off US-1, it's only an 8-minute drive to the beach. Enjoy the best of 55+ living in this delightful community!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by Compass Florida, LLC | $105,000 | |
| Listed by Compass Florida, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017