55
Map
4535 Caladium Circle
About This Property
This desirable home is located in ''The Savannahs'', which is the only 55+ community at Sawgrass Lakes. The floor plan flows very well, and the extra room with French doors can easily be turned into a nice 3rd bedroom, all you need is a closet! Upgrades include a beautiful and well made porch enclosure that has both sliding glass windows and screens, gutters/downspouts, a glass door at the front door to let more natural light in, a nice drop off/desk area with granite, inside laundry with a tub, and an attic pull-down ladder. Very easy to show!
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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 West Melbourne
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,100 /mo
- 3 Beds
- 2 Baths
- 1,001 ft²
$1,925 /mo
- 3 Beds
- 1 Bath
- 840 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017