4642 RUNABOUT WAY
About This Property
Situated in the centrally located Sabal Harbour neighborhood, this property offers an unparalleled lifestyle with access to a resort-sized swimming pool, tennis courts, a basketball court, and a wonderful playground. One of the standout features of this community is that the use of these fantastic amenities is included in a remarkably low HOA fee of only $69 monthly, with the added benefit of no CDD fees.
The location is truly unbeatable, placing you just minutes away from world-rated beaches and a vast array of premier shopping and dining options. Families will appreciate being located within an A-rated school district, providing excellent educational opportunities. Peace of mind comes standard here, as the property is not in a flood zone. Whether you are looking for a primary residence or a savvy investment, this home combines a functional layout with an amazing community atmosphere in one of the area's most convenient locations. Schedule your showing today and imagine the possibilities! Some photos virtually staged
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017