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4540 Portage Trail
About This Property
3 bedrooms and 2 baths with an extended lanai to enjoy the waterfowl that visit.
Primary bedroom faces the lake with large bath that has a tub and separate shower. Open floor plan with formal dining room and eat in kitchen. Large laundry room with separate sink in garage. Hurricane shutters and whole house gas generator.
Low monthly HOA provides lawn maintenance and sprinklers, solar heated community pool, fitness and club room.
HOA does not allow trucks to be parked on the road or overnight in the driveway. Kindly explore the HOA docs prior to offers.
Roof 4/2020, A/C 3/2020 ,
Gas generator 8/2018
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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 Sawgrass at Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017