3944 Jasmine Lake Circle
About This Property
This immaculate Brighton model (2 BR/Flex Den with 2 BA, 1845 sq ft under air) is situated in the highly desirable subdivision of Jasmine Lake. The extended lanai (with interlocking pavers) and a beautiful HotSpring saltwater spa offers a relaxing view of preserve. Also features crown molding, tray ceilings, upgraded Cherry Kraftmaid cabinets in kitchen (42" uppers) and bathrooms, custom closets and plantation shutters.
Recent improvements include NEW porcelain tile floors in main area, plank tile in BRs & den, beautiful quartzite kitchen counter tops, custom Shelf Genie pull-out drawers, Armorvue High Performance E-Windows (sound reducing), Bradford White 50 gal hybrid WH, NEW tile roof, gutters & downspouts & heavy duty lanai screening. Insulated garage doors & overhead storage systems with a second refrigerator. The house is fully protected with Guardian Hurricane Shutters as well as an easy plug-in Champion portable whole house generator and full house surge protection that will give you peace of mind.
Appliances included: Auto garage door, electric cooktop, dishwasher, disposal, microwave, refrigerator/freezer/icemaker, self-cleaning wall oven, washer/dryer, new smoke & carbon monoxide detectors throughout.
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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%.
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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