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409 Gardendale Circle SE
About This Property
comfort, convenience, and resort-style amenities come together. This beautifully
maintained 3-bedroom, 2-bath home offers 1,917 square feet of thoughtfully designed
living space with soaring 10-foot ceilings, an open floor plan, and a spacious family room
that's perfect for everyday living and entertaining.
The split-bedroom layout provides privacy, while the impressive primary suite features two
walk-in closets and a luxurious ensuite bath with dual vanities, a relaxing soaking tub, and
a separate walk-in shower. The kitchen is designed for both function and style, offering an island, pantry , eat-in dining area, and an open view of the main living spaces.
Step outside to your own private Florida retreat. The screened, solar-heated pool overlooks a peaceful wooded preserve, creating the perfect setting to relax or entertain. A fully fenced backyard, lush tropical landscaping, mature oak trees, flowering shrubs, and palms provide beauty and privacy year-round. An irrigation system keeps both the front and back yards looking their best. Located just a short stroll from the community clubhouse, you'll enjoy exceptional amenities including a fitness center, saunas, resort-style pool, tennis courts, basketball court, playground, shuffleboard, covered picnic area, and a secure storage area. Best of all, the HOA includes lawn maintenance, allowing you to spend more time enjoying everything this wonderful community has to offer.
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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 Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017