4047 WATERVALE Way
About This Property
A convenient half bath is located on the main floor. Upstairs, the primary suite includes an ensuite bathroom with a separate tub and shower, along with roomy walk-in closets. Three additional bedrooms share a full bath, and the upstairs laundry room adds everyday convenience. A 2-car garage provides ample space for storage and parking.
Enjoy low HOA fees while taking advantage of exceptional community amenities, including a resort-style pool, tennis courts, clubhouse, and more. Forest Hammock is known for its scenic surroundings, proximity to top-rated Clay County schools, and no CDD feesoffering an ideal blend of value and lifestyle.
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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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About Oakleaf Plantation
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017