4165 Alamanda Key Drive
About This Property
Key West style single family home with 3 bedrooms , 2 baths and a 2 car garage on a beautifully landscaped corner lot needs nothing but new owners to call it home! This sought after gated 55+ community features a club house with exercise room, tennis courts, pool and hot tub. Lawn care is handled by the association so sit back and enjoy!
Home features Great open floor plan, Private screened patio, New A/C / heat pump with transferable warranty, New hot water heater, Metal roof with recent inspection. Dishwasher, range, microwave, washer and dryer all new within the last 2 years. New recessed LED lighting throughout, New hurricane impact rated front door, hurricane shutters. Perfect location near shopping, historic downtown and the beach beach
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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%.
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 Alamanda Key
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017