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4707 Rainbow Drive
About This Property
Features include:
Spacious open-concept living area with panoramic lake vistas.
Modern kitchen equipped with top-of-the-line appliances.
Master suite with an ensuite bath, designed for relaxation.
Guest bedroom with ample storage and adjacent full bath.
Dedicated outdoor space ideal for entertaining or simply unwinding.
Located within the esteemed Lucerne Homes community, benefit from a tranquil ambiance while being just moments away from Greenacres' bustling amenities. Here's your chance to embrace Florida lakefront retirement living at its finest. Don't let this opportunity drift away! Schedule your viewing 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 Greenacres
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017