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412 DOUGLAS EDWARD DRIVE
About This Property
Meadow Ridge residents enjoy a resort-style community pool, clubhouse, playground and two gated entrances providing convenient access toward Windermere, Winter Garden and Dr. Phillips. Publix, dining and medical offices are just outside the community, with Winter Garden Village, downtown Windermere and Restaurant Row just a short drive away. Disney Springs, Walt Disney World and Universal Orlando are also within approximately 30 minutes, and easy access to interstate ramps get you downtown in about 15 minutes or on the beach in about an hour! Zoned for highly regarded Thornebrooke Elementary and award-winning Olympia High School, this move-in-ready Meadow Ridge home gives you Central Florida convenience at its best. Schedule your private showing today!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017