470 Lockbreeze DRIVE
About This Property
The formal dining room greets you on the ground floor followed by an oversized open kitchen overlook, decked out with pot lights and included Stainless Steel appliances. Downstairs features a spacious bedroom with a full bath for convenience and privacy. There is a luxurious master bedroom that includes 2 walk-in closets size closets 09X05- 10X08 with an ensuite bathroom that has a garden bathtub, shower stall, dual sinks, and all located on the second floor. The laundry is located inside. This home is situated in a charming, family-friendly neighborhood with a public park, volleyball courts, basketball court and tennis courts. Plenty of close Shopping, Restaurants, and Entertainment nearby, is only a 15 MINUTE DRIVE to DISNEY WORLD and Orlando theme parks. Easy access to I-4, HWY 192, medical facilities, and new Sunrail Station. All measurements, sizes, and community information must be independently verified. Don't miss this opportunity and schedule your 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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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017